Webinar on Renters’ Rights Act and Finances happening

A particular briefing on the Renters’ Rights Act is being held on Monday Could 1 on-line by an agent and chartered accountant in Oxfordshire.

Brendan Kay, managing director of property and lettings agent Parkers Properties, will likely be joined by Toby Morris, an skilled chartered accountant and proprietor of Windrush Enterprise Providers, for the webinar on Monday, December 1.

Kay and Morris, each primarily based in Witney, will dissect the bulletins on this week’s Finances, with a selected highlight on 2% tax enhance on rental revenue introduced by Chancellor Rachel Reeves.

Kay, who runs Parkers’ branches in Witney and Eynsham, stated: “This free webinar is meant to offer landlords in Oxfordshire sensible, simple recommendation on three vastly necessary areas, particularly the Finances, Renters Rights Act and Making Tax Digital.

“We’ll clarify what the adjustments introduced within the Finances imply, advise on the varied authorities laws coming down the tracks and replace on key timelines.

“Most necessary of all, we’ll assist landlords defend and develop their property portfolios.”

The important thing adjustments within the Act embrace:

• Part 21 “no-fault” evictions abolished — all fixed-term tenancies will convert to rolling, periodic agreements.
• Hire critiques 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.
• Increased minimal property requirements

Morris may also present steering on Making Tax Digital, the obligatory method for landlords to report their revenue and bills to HMRC from April 6 subsequent yr.