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Spring Budget 2017


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There were no nasty surprises for the majority of landlord's in yesterday's budget.

However, due to the impending income tax changes I know of a few landlords who had already decided to incorporate and form limited liability companies to handle their future residential lettings. It's interesting to see that the Gov for once are on the ball, having recognised what the rest of us already knew in that there are tax advantages and have decided to make a start to address the situation.

I suspect over the coming years many of the advantages of incorporation will disappear.

My personal portfolio will be loan free by the end of May so, although my income tax bill will undoubtedly increase I will no longer need to bother myself unduly with all the other issues with loans.

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