Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 9 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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Lisa S

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10:10 AM, 6th January 2016, About 9 years ago

Does anyone out there know?....are we going to be able to claim mileage allowances still.....or do we fall into the category (business, non business, self employed) that won't be able to? And when does that kick in?

Darren Bell

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10:29 AM, 6th January 2016, About 9 years ago

Reply to the comment left by "Lisa S" at "06/01/2016 - 10:10":

My accountant writes in an allowance for operating my car rather than mileage . As far as I'm aware this is still a valid expense so talk to your accountant to get the best advice as to what suits the amount of running around you're doing.

Gareth Wilson

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13:30 PM, 6th January 2016, About 9 years ago

George Osborne's own mortgage was paid by the UK taxpayer:

http://www.theguardian.com/politics/2012/dec/07/taxpayers-paid-george-osborne-paddock-mortgage

Oh look! An entirely new playing-field to level!

dom glynn

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14:49 PM, 6th January 2016, About 9 years ago

Reply to the comment left by "Lisa S" at "06/01/2016 - 10:10":

I'd also like an answer on this as one of my properties is a 150 mile round trip from me. Everything I've read so far has suggested that it will still be an allowable expense.

Lisa S

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15:00 PM, 6th January 2016, About 9 years ago

Reply to the comment left by "Darren Bell" at "06/01/2016 - 10:29":

Thanks Darren.....I always claimed the 45p per mile, as like Worried by Budget one of my properties is 180mile round trip, which may happen 3 times in 1 month and then not again for another year.

I thought you could claim either way in the past, but not switch between the two....

I'll speak to my accountant as you suggest.

Dr Rosalind Beck

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15:43 PM, 6th January 2016, About 9 years ago

http://www.theyworkforyou.com/debates/?id=2016-01-05a.124.0&s=landlords#g144.1
Roberta Blackman-Woods: ...a starter home. In Committee, we thought this
was a really, really important issue to address. We assumed the
Government's intention is for these to be starter homes for people and
not starter homes for *landlords*. In Committee, we did not get the
assurances we sought from the Minister. This is a straightforward
amendment, and we would like to hear how he intends to give us the...

So, landlords are no longer people....

Gareth Wilson

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17:59 PM, 6th January 2016, About 9 years ago

I want to buy a property to live in and rent out my old home, will I have to pay extra stamp duty from April?

http://www.dailymail.co.uk/money/experts/article-3383918/I-m-buying-flat-renting-old-one-stamp-duty-pay.html

Chris Byways

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17:59 PM, 6th January 2016, About 9 years ago

Reply to the comment left by "Ros ." at "06/01/2016 - 15:43":

No of course you're not a 'people' you me and Mandy et al are just snivelling parasites. We know our place........... ?

Gareth Wilson

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18:05 PM, 6th January 2016, About 9 years ago

George Osborne is just leveling the playing field... with the year 1705.

Correcting the unfairness of today's ruling classes having to put up with oiks investing in property too, where once his historical forebears did not.

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