1 August 2021

Notice periods reduction for arrears of four months

1 September 2021

An end to Right to Rent COVID-19 temporary measures

  • Due to the delay in lockdown easing, the final day of COVID-19 adjusted Right to Rent checks will now be 31 August. Agents and landlords must return to in-person checks from 1 September, or if applicable, use the Home Office online checker. Read our blog post for the full update.

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

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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