Buy-to-Let Tax on Finance Four Year Implementation

From this tax year, changes to tax relief on finance charges are being phased in until in 2020 all finance will only be eligible for 20% tax relief after pre-tax profits have been calculated.

2017-2018 20% relief calculated on 25% of finance costs after pre-tax profits calculated

2018-2019  20% relief calculated on 50% of finance costs after pre-tax profits calculated

2019-2020 20% relief calculated on 75% of finance costs after pre-tax profits calculated

2020 onwards relief 20% calculated on 100% of finance costs after pre-tax profits calculated