It is now just over a week since John Healey announced savage tax hikes for landlords. Here our chief executive Ben Beadle explains what this will mean for the sector and what we are doing to challenge it.
More landlords will have to use a new digital tax system from April 2022 the Government announced today, with most needing to comply by 2023. The Making Tax Digital programme already requires businesses above the VAT threshold of £85,000 to use the system for VAT returns, meaning they have to submit them through specialist software and keep digital records.
The strict procedures landlords must now follow when bringing forward possession cases have been laid out by government. Ministers announced there would be changes to the process on Friday, and have now released more details as to what landlords will need to do under new Civil Procedure Rules.
Whatever’s changing in the private rented sector, our members get expert guidance on what it means for them, and we campaign on their behalf to challenge policies that hurt landlords. If a change leaves you unsure what to do next, our expert advice line is there to talk it through with you.
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