Samuel Leeds
@samuelleeds·600K subscribers·3.6K videos
UK Tax Changes for Property Investing
Posted
March 6, 2024
Views
38,596
Likes
854
Comments
67
Engagement
2.39%
March 6, 2024
38,596
854
67
2.39%
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6:49Now PlayingToday (6th March) the government just announced some new changes in the budget.
The key changes are:
1. VAT threshold to increase from £85k to £90k
2. Capital Gains Tax on residential property - reduce the higher rate from 28% to 24%
3. Multiple dwellings relief to be abolished
4. Property taxation - they are abolishing the furnished holiday lettings regime
5. National Insurance next year being reduced - will save average employee £450 per year
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