Scottish landlords now face higher tax bills than their English counterparts, according to leading accountants French Duncan LLP.

This is due to the reduction of tax benefits – introduced in George Osborne’s 2015 Budget with the aim of discouraging buy-to-let investment – hitting Scottish landlords harder thanks to the higher rates of tax at play north of the border.

Despite these changes, and a number of others which have been introduced since, many landlords remain unaware of just how significant these alterations are and the effect they are having on their tax liabilities and the viability of many buy-to-let investments.

 

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