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MAKING TAX DIGITAL FOR INCOME TAX: A GUIDE FOR LANDLORDS

MAKING TAX DIGITAL FOR INCOME TAX: A GUIDE FOR LANDLORDS

Sunday 27th November 2022
Goodlord

For landlords paying income tax with a qualifying income of over £10,000, Making Tax Digital for Income Tax rules will come into force on 6 April 2024.

Making Tax Digital for Income Tax applies to individual landlords. If you manage your property portfolio through a limited company, you'll only be affected by the changes to Corporation Tax, currently expected no earlier than 2026.

WHAT WILL BE YOUR OBLIGATIONS UNDER MAKING TAX DIGITAL FOR INCOME TAX SELF ASSESSMENTS?

Download the Goodlord guide here and be fully prepared.

Looking for a letting agent to manage your property in Bletchley, Milton Keynes and Surrounding Areas? Contact Affinity today; we will always keep you ahead of the game.