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Accord Mortgages issues BTL tax guide

Accord Mortgages has made a new buy-to-let tax guide available for brokers through its Accord Growth Series of blogs.

The guide aims to help landlords navigate the new tax regime that started on 6 April 2017, the first returns for which landlords will soon be expected to file.

The way in which income tax, wear and tear allowance and stamp duty are handled have all received a makeover since last year, with some changes, such as cuts to mortgage interest tax relief, set to occur until 2020-21.

Accord Mortgages director of intermediary distribution Jeremy Duncombe says: “With the first self-assessment deadline since the changes fast approaching in November, we thought it might be useful to provide brokers with an accessible online guide on how tax has changed for landlords and what it might mean for their clients.

“We are passionate about helping to empower brokers to grow their businesses. Our online guide provides a free, simple and easy way of understanding your clients when advising them on which type of mortgage is best for them.”

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