Indexation allowance is to be withdrawn and will be frozen at 31 December 2017. Under existing rules companies have been able to claim an indexation allowance which takes account of inflation and reduces the capital gain when disposing of property. This is heading in the direction of bringing corporate ownership taxation of gains more in line with personal gains.
For individual landlords there has been a relatively minor change. In the past landlords could claim for the use of their vehicles for business purposes but this involved calculating actual costs for petrol, repairs, insurance etc. and then disallowing the private element. This has now been simplified so that the landlord can claim a fixed rate deduction of 45p for the first 10,000 business miles and 25p a mile thereafter which is far easier.