January 2016

Following the consultation last summer, the draft Finance Bill 2016 includes the legislation to reintroduce tax relief for the replacement of furnishings in buy to let properties from 6 April 2016.

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Self Assessment tax bills are due to be paid on the 31st January. These payments are either the balancing payment of tax for the tax year 2014/15, a payment on account towards your 2015/16 tax bill, or possibly both.

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