Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 10 years ago 9619

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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


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NW Landlord

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Dr Rosalind Beck

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14:51 PM, 1st January 2016, About 9 years ago

Reply to the comment left by "NW Landlord" at "01/01/2016 - 14:44":

Ah, another fool who didn't know what she was talking about.

NW Landlord

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14:54 PM, 1st January 2016, About 9 years ago

Heads of different industries not performing aswell as it to let have been in GO ear I reckon.

What gets on my nerves is all these people say it is a tax break of favourable tax treatment it is a legitimate expense like any other it winds me up I really thing it stems from jelousy that normal people have built up business that have been successful

Gareth Wilson

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15:06 PM, 1st January 2016, About 9 years ago

A sacred cow... And this a policy of blood sacrifice to a non-existent beneficiary, designed to trick and appease a primitive, baying mob.

Chris Byways

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16:16 PM, 1st January 2016, About 9 years ago

Reply to the comment left by "NW Landlord" at "01/01/2016 - 14:44":

She says "However, they can minimise the tax they have to pay by deducting certain "allowable expenses" from their taxable rental income.". So this isn't right?

5) Council tax (where it is the landlord, and not the tenant, who pays it)

6). Utility bills (where it is the landlord who pays the bill)

So for. £1,000 council tax bill, paid by the Landlord, has to pay £400 income tax on it. So loses £400.

Ditto for a £1,000 utility bill.

But of the £400 there 40% tax on that......

So the tenant pays £1,666-66 for each, £1,333-33 EXTRA, p.a. under her twisted logic. She is as daft as Alice in Blunderland and his tax.

Gareth Wilson

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10:30 AM, 2nd January 2016, About 9 years ago

Please can everyone on Facebook share this lady's posts concerning GO, as they're quite brilliant. Likewise if you're on Twitter, please retweet them:

https://www.facebook.com/lisajorme/posts/10153880930991967

Andy King

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12:54 PM, 2nd January 2016, About 9 years ago

Wow! £50000 have now been pledged. Georgie has nice present for his new year celebrations.

Gareth Wilson

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15:52 PM, 2nd January 2016, About 9 years ago

Just a quick reminder to everyone that the House of Commons Communities and Local Government Committee is still accepting submissions:

http://www.parliament.uk/business/committees/committees-a-z/commons-select/communities-and-local-government-committee/inquiries/parliament-2015/inquiry1/.

Here you can upload your own evidence concerning the current and potential causes of homelessness: explaining how Clause 24 will force yours or your clients’ rents to increase and how it will force poorer renters out of the private rental sector. Please ensure that you follow the Parliament website's formatting guidelines when preparing your written evidence.

BTL INVESTOR SCOTLAND

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19:37 PM, 2nd January 2016, About 9 years ago

Rising property taxes in Ireland have hit landlords hard according to this article.

http://www.irishtimes.com/news/social-affairs/rental-crisis-why-landlords-are-struggling-to-make-money-1.2430983

NW Landlord

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19:42 PM, 2nd January 2016, About 9 years ago

That's at 75% aswell and it's not working and our clued up government decide to introduce a harsher version ?

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