A particular briefing on the Renters’ Rights Act is being held on Monday Might 1 on-line by an agent and chartered accountant in Oxfordshire.
Brendan Kay, managing director of property and lettings agent Parkers Properties, will probably be joined by Toby Morris, an skilled chartered accountant and proprietor of Windrush Enterprise Companies, for the webinar on Monday, December 1.
Kay and Morris, each based mostly in Witney, will dissect the bulletins on this week’s Finances, with a specific highlight on 2% tax enhance on rental earnings introduced by Chancellor Rachel Reeves.
Kay, who runs Parkers’ branches in Witney and Eynsham, mentioned: “This free webinar is meant to present landlords in Oxfordshire sensible, simple recommendation on three massively essential areas, particularly the Finances, Renters Rights Act and Making Tax Digital.
“We’ll clarify what the modifications introduced within the Finances imply, advise on the assorted authorities laws coming down the tracks and replace on key timelines.
“Most essential of all, we are going to assist landlords shield and develop their property portfolios.”
The important thing modifications within the Act embrace:
- Part 21 “no-fault” evictions abolished — all fixed-term tenancies will convert to rolling, periodic agreements.
- Lease opinions restricted to as soon as per yr, following a transparent and formal course of.
- Nationwide landlord register launched, requiring proof of compliance for every property.
- Greater minimal property requirements
Morris will even present steering on Making Tax Digital, the obligatory means for landlords to report their earnings and bills to HMRC from April 6 subsequent yr.
