1 August 2021

Notice periods reduction for arrears of four months

30 September 2021

End to the Stamp Duty transition period

  • The 'transition period' for the Stamp Duty Holiday, where properties under £250,000 are exempt from the tax, will come to an end on 30 September 2021. Buyers will now have to pay stamp duty for properties in line with the original levels.

30 September 2021

End to the Furlough scheme

  • The furlough scheme or the Coronavirus Job Retention Scheme, which pays up to 80% of wages, will end on 30 September. However, from July 2021, the government will introduce an employer contribution for the cost of unworked hours: 10% in July, 20% in August and 20% in September. Furlough has already protected more than 11 million jobs since March 2020.

1 October 2021

Notice periods return to pre-pandemic levels

5 April 2022

An end to temporary adjusted Right to Rent checks

  • The end date for the temporary Right to Rent adjusted checks has now been extended to 5 April 2022 (inclusive), an extension from the previous end date of 1 September. Read our blog post to learn more.

6 April 2023

Making tax digital

  • All landlords with an annual turnover of £10,000 and above will be required to submit digital tax returns under the new rules, as part of government plans to make it easier for individuals and businesses to get their taxes right. This will include quarterly financial updates and an end-of-year report declaring any reliefs or allowances. But this won’t become mandatory for a couple years yet (6 April 2023) – it was announced well in advance to give landlords and letting agents adequate notice.

TBC

The Renters’ Reform Bill

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