This was drafted before the court decision on the buy to let tax changes but with that challenge failing we are now on the move towards these provisions coming into force from April 2017 onwards.
https://www.ftadviser.com/mortgages/2016/10/06/a-bitter-pill-for-landlords/he impending changes to the taxation of income from residential buy-to-lets (BTL) will hit higher-rate taxpayers hard. Effectively, the change is from tax on profits to tax on turnover – a controversial shift in the process of how tax works.