Autumn Statement & Budget 2015

Autumn Statement & Budget 2015   MCC Accountants based in Eccles, Manchester highlight the key points from the chancellors Autumn Statement and Budget 2015. As advisors to those who are self-employed and owner managed businesses, we feel the following points are most relevant. Income Tax Personal Allowance The income tax allowance will increase to £10,600…

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Tax Reliefs for Property Investors

According to MCC Accountants in Salford there are various tax reliefs available for Property Investors  The expenses that should be allowable against your annual rental income : • Lettings management charge • Renovations Profit/Management Charge • Legal certification • Services provided by the landlord – water, electricity, gas, insurance, broadband • Mortgage interest payments •…

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