Finance Bill: MPs back changes to landlord motor expenses

By Victoria Barker

Tax Returns Deadline 2016

Landlords should be able to use mileage rates in order to calculate their allowable deductions for motoring expenses, MPs agreed when discussing the Finance Bill at committee stage yesterday. Trading businesses have been able to use mileage rates since 2013. Using mileage rates gives individuals the ability to use fixed rates per business mile, in […]

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Source:: Residential Landlords Association News