Meeting to discuss new landlord tax rules

News
News

Landlords are being invited to a forum in Boston on Tuesday to discuss new tax rules on buy-to-let properties announced in last Summer’s budget.

The National Landlords Association (NLA) has invited Peter Loughlin, tax adviser at OneE Group, to speak at the meeting which will take place at The New England Hotel, on Wide Bargate, from 6.30pm.

Under the new rules, the rate of mortgage interest relief will be restricted to a basic rate of 20 per cent from 2017 and from April landlords have had to pay an extra three per cent stamp duty when buying new property.

Don Robbie, NLA representative for Lincolnshire, will also deliver an update on changes in legislation, and outline any further changes.

The event is free. To attend book in advance via the NLA website www.landlords.org.uk/events/nla-boston-1

* Please note: In today’s (June 22 edition) of the paper, the date reads that this event takes place on Thursday. This is incorrect as the event will be held on Tuesday. We apologise for any confusion.