What can landlords expect in 2025?
Some key items to look out for this year for landlords:
- Renters reform bill to the House of Lords
- Making Tax Digital for landlords with income over 50k p.a. Everything must be digitally submitted now. But…..HMRC are still reviewing all landlords and request information from Agents routinely.
- Capital Gains Tax threshold reductions
- Interest rate movements. Currently held for the last two quarters, but the Spring budget may affect this.
- EPC regulations and the need to upgrade the EPC rating. The Government want landlords to start with a “fabric first” approach, which upgrades the structural aspects of the property before the internal aspects.
If you would like any comments and observations on these changes for 2025, then please drop us a note at [email protected]