How The New General Data Protection Regulations Impact Landlords
By Webdadi Ltd published on 10/04/2018
On the 25th May 2018 a new piece of legislation comes into effect. It is called the General Data Protection Regulation (GDPR). It replaces the Data Protection Act 1998.It has been designed to set out standard rules with the European Union. And, even though Brexit is looming it will still apply to the UK after Brexit.Why does it affect Landlords?The new law effects anyone who handles or processes s
In April of this year, the tax changes which were announced previously for Landlord’s Tax Relief began. The changes will actually take place over a period of four years and tax relief will now be restricted to basic rate income tax. Whereas before the finance costs of Landlords were taken into consideration to work out profits, now they won’t. Instead, the income tax on your profits from your prop
