Landlords are resorting to methods such as using limited company status when they acquire new properties, as a means of offsetting costs as a result of tax reforms in the buy-to-let sector, according to recent research conducted by lender Precise Mortgage. Stamp Duty hikes and the phasing out of mortgage tax relief are just some of the new policies introduced by the government since 2015, which have significantly raised tax burdens on landlords. Then-Chancellor George Osborne implemented the policies to rebalance the buy-to-let market, but there is evidence to suggest they have reduced landlord profits across the whole sector in … Continue reading Landlords Use Limited Company Status to Offset Tax Changes