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Section 24 changes?

Tips and advice on how to use Landlord Vision.
stevespfwe
Posts:13
Joined:Thu Sep 07, 2017 11:31 pm
Section 24 changes?

Postby stevespfwe » Wed Nov 29, 2017 11:12 am

Hi,

Will LandlordVision take into account section 24 changes for tax reports?

I.e the interest relief changes over the next 4 years?

Thanks
Steve

roy
Posts:80
Joined:Tue Aug 23, 2016 11:38 am
Location:United Kingdom

Re: Section 24 changes?

Postby roy » Thu Dec 07, 2017 3:07 pm

Hello

The changes are already in the software. If you go to the income tax report you will notice that there a lot of extra options in there now and section 24 contains the following line

Reduced finance costs: £x x 75%

In April we will put the new amount for next year and so on

Kind regards
Roy


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