Chancellor of the Exchequer Rachel Reeves refusing to rule out a swinging increase in capital gains tax (CGT) for landlords
In this episode of the Propertycast podcast Paul Shamplina, Eddie Hooker and Nigel Lewis discuss the pros and cons of why and how landlords are taxed on their renting income.
Average income from UK property remained relatively stable at about £16,700 between 2017/18 and 2021/22, according to the latest HMRC data.
Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www