Changes As announced in the Summer Budget , buy to let landlords have been dealt a blow as finance cost relief on buy-to-let properties is to be eliminated. It will be reduced by 25% from 6 April 2017 and then reduced every year by 25%, until it is totally removed by 6 April 2020. It will be

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Are you prepared for the 2017 tax return, if you need assistance Emjay Associates can help, make sure you only pay the amount of Tax you are liable for. Deadline for online filing to avoid penalties and fines is 31st Jan 2018. If you need assistance call Emjay Associates on 01903 367073

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Make sure you keep all your evidence of income / expenditure for at least 5 years. Ensure your tax return is filed on time Pay any outstanding tax due for the previous tax year along with any payment on account due by 31st January  

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