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Budget tax advantages for Landlords


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There are a couple of bits of good news regarding taxes :-

1.)   As from next month the tax free rent a room allowance is due to rise from £4250 pa to £7500 pa.

2.) In addition, just announced in the budget this week, we are also all allowed an additional £1000 tax free allowance for other property income e.g. renting out your drive.


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