Budget 2026: Key announcements affecting landlords The Chancellor delivered Budget 2026 on 28 October, and the headline announcement for landlords is a further rise in the tax charged on rental profits. Budget 2025 had already announced separate property income tax rates of 22%, 42% and 47%, in the basic, higher and additional rate bands respectively,…
HMRC Figures Reveal the Shape of the UK Landlord Market HMRC’s latest Property rental income statistics: 2026 provide an interesting snapshot of the UK’s private landlord sector and highlight just how significant rental property remains as a source of income. According to the report, 2.88 million unincorporated landlords declared rental income on Self-Assessment tax returns…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. enquiries@shaikhfinancing.com Andy Burnham indicates increase to Capital Gains Tax Rates Andy Burnham has publicly indicated support for increasing Capital Gains Tax (CGT) rates and bringing them closer to, or into line with,…
A new Prime Minister: what this could mean for landlords Andy Burnham became Prime Minister on 20 July 2026. His appointment gave rise to much speculation, but in order to look for evidence-based indications of how he may approach issues pertaining to housing and landlords, we can look at his record as Mayor of Greater…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. enquiries@shaikhfinancing.com Parliament Housing Committee: Reform SDLT to help first-time buyers A cross-party Parliamentary committee is calling for major reform of Stamp Duty Land Tax (SDLT) as part of a broader package to…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. enquiries@shaikhfinancing.com Renters’ Rights Act: what landlords need to know The Renters’ Rights Act represents one of the most significant changes to the private rented sector in decades. For landlords, it introduces new…
Making Tax Digital becomes mandatory Making Tax Digital (MTD) for Income Tax is now live – many self-employed individuals and landlords with turnover above £50,000 in 2024/25 were mandated into the regime from 6 April 2026. Under MTD for Income Tax, individuals will keep digital records and send updates to HMRC every quarter using compatible…
Making Tax Digital for Income Tax – It’s just days away! The commencement of Making Tax Digital (MTD) for income tax is now just days away! This is the new regime for self-employed individuals and landlords that will start to apply from 6 April 2026 if they have business and/or property income (i.e. total takings,…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Spring Forecast During a week dominated by news of the Middle East conflict, on 3 March 2026, Chancellor Rachel Reeves presented the Spring Forecast to Parliament. The Chancellor told MPs she had…
MTD for income tax: nearly there! Making Tax Digital (MTD) for income tax will be mandated for a large group of self assessment taxpayers from 6 April 2026, with even more individuals being mandated in 2027 and 2028. If your combined turnover from a sole trade or property business was over £50,000 in the 2024/25…