If you let out a residential property, you shouldn't underestimate the effects of some important changes to the tax rules.

Tax is like any other cost. It reduces the return you get from your asset. Therefore if your tax cost increases, your return decreases and this may affect your view as to whether your property remains a good investment.

With 'One Month Until Christmas' trending on Twitter at the same time as 'Spending Review' the link is obvious. 

However, it's true that a few feared changes didn't occur, such as Working Tax Credits and Freelancer/Consultant Tax increases known as IR35.