Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 9 years ago 9619

Text Size

Budget 2015 - Landlords Reactions

The concern is;

Budget proposals to “restrict finance cost relief to individual landlords”Summer Budget 2015 - Landlords Reactions

To calculate the impact of this policy on your personal finances download this software


Share This Article


Comments

MoodyMolls

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

21:53 PM, 10th October 2015, About 9 years ago

Reply to the comment left by "KATHY MILLER" at "10/10/2015 - 21:43":

I was thinking just yesterday that some landlords really need to contact Boris about clause 24. I wonder if anyone here is his constituent and/or can write as a Londoner? I don't know how much worse off 'the poorest in society' will be because of clause 24. If rents went up an extra £50 per month over the next few years (compared to what they would have been without the clause - NB. many of never increase rents) then '£600 pa worse off' can be added to the '£1,300 pa worse off' because of the cuts in tax credits. Of course, one can't completely quantify the effect of being given your notice and then not being able to find another suitable house to rent, which will also happen to many many thousands, if not hundreds of thousands.

Mark Shine

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

22:12 PM, 10th October 2015, About 9 years ago

Reply to the comment left by "Ros ." at "10/10/2015 - 21:26":

Haven't googled it but I can think of many it could be, although everyone in my shortlist coincidentally is or was a politician or ruler of some sort in one country or another.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

22:22 PM, 10th October 2015, About 9 years ago

Reply to the comment left by "Mark Shine" at "10/10/2015 - 22:12":

You're getting warm - I am thinking of a British politician - one relevant to our campaign.
On the other hand, that's just trying to work out who I'm thinking of - whereas there will be many candidates. Any names spring to mind?

Mark Shine

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

22:57 PM, 10th October 2015, About 9 years ago

Reply to the comment left by "Ros ." at "10/10/2015 - 22:22":

Could apply to many.

BTW have never voted for Red or Blue or ever based my vote on who I thought would help me personally the most but have tried to analyse manifestos etc each time and voted for whose policies I 'thought' would benefit the nation the most as a whole.

Trendo

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

2:05 AM, 11th October 2015, About 9 years ago

With regard to funding a legal challenge, HMRC has a lot of rules - i say use them to help us!

If a charity "Landlord Benevolent Org " (saynotogeorge) was set up, then fund raising with gift aid would add a further 25% direct to all funds raised (subject to donations being from tax payers!)

JUST GIVING or VIRGIN GIVING are all set up ready to collect on behalf of charity and claim all the gift aid on the charity behalf.

On a personal level i would be happy to donate more than £50 if a considered legal opinion is favorable after round 1.

Simple fundraising by many could easily double treble or more the fig suggested.

A donation of £100 will attract a further payment to fund of £25 direct from HMRC. It would be very nice to see HMRC paying out 250k -500K to finance having this legally beaten.

If everyone (32000) did just £80 (+£20 Gift aid) then we would have £3.2M.

this could be done on the same basis that all orgs promoted the petition web address -

A central Account - Just giving or Virgin giving acc can be set up and as many sub accs as desired can be attached to it...just as any major charity receives donations/sponsorship payments from many individuals eg. thousands running marathons and collecting on personal charity pages, funds all go to central charity acc like british heart foundation or cancer research etc ...

With national press promoting donation site site as well ...i think it is more than feasible to raise several million, very quickly and very simply , there is always crowdfunding but that wont get the pleasure of 25% from HMRC.

This could be done within a matter of days with the clever bods behind the scenes working together on it ?

https://www.gov.uk/donating-to-charity/gift-aid

http://uk.virginmoneygiving.com/giving/index.jsp

https://home.justgiving.com/

Laura Delow

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

9:09 AM, 11th October 2015, About 9 years ago

Reply to the comment left by "Ros ." at "10/10/2015 - 21:26":

Sounds like you'd expect to hear this in a court of law to eg Bernard Madoff, but then it could be something my name's sake said in her interview (Laura someone) with David Cameron this last week in which she aggressively challenged him on immigration. I suppose words such as this could have been at some point said to any guilty con man aka Politician. Give up - put me out of my misery Ros

Lisa S

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

9:18 AM, 11th October 2015, About 9 years ago

Reply to the comment left by "Ros ." at "10/10/2015 - 21:26":

George Osborne.?!?
If it wasn't aimed at him....it should have been.....

Laura Delow

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

9:51 AM, 11th October 2015, About 9 years ago

Reply to the comment left by "Trendo " at "11/10/2015 - 02:05":

A fighting fund enjoying the benefit of gift aid sounds wonderful but I can't see how we'd succeed in getting charity status approval (please correct me someone if I'm wrong & you think I'm just being negative) Even if successful, I thought that a minimum donation limit could not be imposed by a charity, plus we'd need to adhere to charity law which has extremely high standards of regulation including restrictions on political and campaigning activities which could severely restrict our planned activities. Plus G_d knows how much admin would be involved behind the scenes.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

9:51 AM, 11th October 2015, About 9 years ago

Okay, the real person it was said about is here:

http://www.maldonandburnhamstandard.co.uk/news/national/13838482.Car_salesman_jailed_for_eight_years_over___200_000_lonely_hearts_fraud/

But when I read the particular comment by the judge, which I quoted, I thought of David Gauke. - and all his ridiculously parroted comments to anyone who writes to him; of course, as the mouth-piece of Osborne.
How awful to live the life of a politician and talk that kind of crap and defend the indefensible. And it is going to cause much more misery than the man in the story caused, quantitatively, as the impact will be felt by millions over the country. It's no wonder many of us have used the word 'criminal' to describe it, as it bears such a similarity with a criminal case - deception, blatant lies and indifference to the victims. And many landlords could also provide 'victim statements.' I know many landlords are having nightmares about it and are feeling desperate. And some people like to make fun of this. Apparently, trolls did this when the case of 'Charles Cole' - the BTL businessman who killed himself - was reported. This whole thing has opened my eyes to the fact that there are more nasty and evil people about than I was previously aware of.

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Tax Planning Book Now