From stamp duty to capital gains: The buy-to-let market has been hit by 14 tax changes in four years

 
Emma Haslett
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2015 General Election - Housing
The government has tried - and failed - to cool the buy-to-let market (Source: Getty)

Thought buying a home was complicated? Spare a thought for landlords, who, it turns out, have been hit by 14 changes to the way they're taxed in the past four years, according to KPMG.

Yep: from that 15 per cent hike to stamp duty for properties held within a corporate envelope, way back in the mists of 2012, to changes to capital gains tax, landlords have needed to be on the ball when it comes to filling in that tax return.

And with four changes already slated for 2016, here's a handy cut-and-out-keep guide to every single change to taxation in the last four years - whether you're building a property empire or just renting out your old flat...

Date Change
1. March 2012 15 per cent Stamp Duty on enveloped properties worth more than £2m
2. April 2013 Annual tax on enveloped dwellings worth more than £2m
3. April 2013 Annual tax on enveloped dwellings capital gains tax on properties worth more than £2m
4. July 2013 Inheritance tax debt restrictions
5. March 2014 15 per cent stamp duty on enveloped properties worth more than £500,000
6. April 2014 Changes to Capital Gains Tax main residence relief
7. August 2014 Changes to rules on debt remittance
8. December 2014 New rates and bands for stamp duty
9. April 2015 Capital gains tax for non-residents and other changes to main residence relief
10. April 2015 Annual tax on enveloped dwellings and capital gains tax on enveloped dwellings on homes worth more than £1m
11. April 2016 Restriction on wear and tear allowance
12. April 2016 Annual tax on enveloped dwellings and capital gains tax on enveloped dwellings on homes worth more than £1m
13. April 2017 Interest relief restriction for landlords
14. April 2017 Inheritance tax restriction if a UK property is held via companies or trusts

Source: KPMG

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