Do You Own A Buy-to-Let?

It condemns the legislation as “unthought-through” and predicts it will cause “extreme confusion”, as well as forcing some landlords out of business, distorting the market – and even making life harder for first-time buyers.

The tax changes, which were not subject to consultation, is included within the current Finance Bill. The ICAEW, in commenting on the proposals, criticized both the aims of the new tax and its implementation.