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From April 2027, the above separate tax rates for property income are due to apply.
The way property income is reported and paid is expected to stay the same, but the rate charged on property profits will change.
That means now is the time to review rental profit, mortgage interest, allowable costs and how much you are setting aside for tax.
A higher tax rate is one thing. Being unprepared for it is another.
For more information on how we can help you, get in touch.
info@kcaccountancyservices.co.uk
01691 674792
