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Tax on buy-to-let and how to cut your bill: From income tax to stamp duty, what you need to know
Taxes on landlords have changed this year and most will now pay more tax
Mortgage interest tax relief has now been fully phased out after three years
Tax relief for accidental landlords has now also been scaled back
This guide is regularly updated to keep you informed on the current rules
Becoming a buy-to-let landlord can mean reaping a decent return, but it will also add to your tax bill.
If you can find a property in a decent location with good tenants then then you should be able to build up a good income from rent.
But the taxman will want to know about any returns you make. If you don t declare your income properly or capital gains when you sell, you could be in trouble.
We run through the taxes associated with buy-to-let.
Some of these taxes and allowances have changed, so make sure you are up-to-date with them.
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It's a New Year and New Laws are in effect in Connecticut. Here's what you need to know about Police Accountability, CT Paid Leave Tax, Pension Taxes, Diabetes/Insulin Prescriptions and Utility Company Accountability.
While several provisions of the Act Concerning Police Accountability, which was passed the summer, have already gone into effect, more changes are coming.
There are several dozen provisions to this bill. Most took effect back in October. Now, several parts of the state’s police reform bill are taking effect Jan. 1, which include:
Requiring departments that serve minority communities
Reporting efforts to recruit diverse officers
Changing the makeup of the Police Officer Standards and Training Council some say is too heavily made up of small-town chiefs
Requiring officers to wear a badge in a prominent place with exceptions for undercover operations