Budget Breakdown 2024 | Everything Landlords and Investors Need To Know!
Whether you're a seasoned investor or just stepping into the world of property, this episode is packed with essential insights to guide your investment strategies and optimise your ROI in the ever-evolving property market.
In This Episode, We Cover:
- Capital Gains Tax Reduction: Discover how the drop from 28% to 24% can enhance your investment returns.
- Impact on Holiday Rentals: Unpack the consequences of tax relief removal for furnished holiday lettings and its broader implications.
- National Insurance Changes: Learn how the adjustments in National Insurance contributions could affect your financial planning.
- Local Council Financial Pressures: Understand the financial challenges faced by local councils in the South of England and what this means for property owners.
- Property Market Stability: Get the latest insights on the stability of the property market, including trends in buying, selling, and property valuation.
- Property Management Insights: Explore the current landscape in property management, focusing on contractor availability and maintenance efficiency.
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🖇️ Resources and Links:
- https://www.gov.uk/government/publications/spring-budget-2024/spring-budget-2024-html
- https://avocadopropertyagents.co.uk/landlords
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🗣️ Engage with Us: How will the 2024 Budget changes impact your investment strategy? Have you experienced the effects of local council financial pressures firsthand? We're here to build a community of informed and savvy property investors in the South of England.
Remember, whether you're fine-tuning your investment portfolio or navigating your first property purchase, staying informed is key to success in propert investing. Tune in next week for more insights and strategies tailored to property investors and landlords like you.