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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david porter

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17:35 PM, 11th January 2016, About 9 years ago

Reply to the comment left by "stuart edwards" at "11/01/2016 - 13:27":

If you want Landlords to sell up, reduce or abolish CGT!
Quite easy!

Dr Rosalind Beck

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21:20 PM, 11th January 2016, About 9 years ago

Very interesting article, which is also the subject of a Times article today:

http://www.mortgagesolutions.co.uk/news/2016-01-11-boe-enlisting-faulty-data-to-demonise-landlords-says-paragon/

Chris Byways

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9:21 AM, 12th January 2016, About 9 years ago

Reply to the comment left by "Darren Bell" at "11/01/2016 - 13:40":

If that s what was intended, it might be happening, so not the cause of a HPC.

"Brokers have seen a surge in applications for buy-to-let loans from limited companies as landlords prepare for tax hikes starting in April.

The latest Buy-to-Let Index from specialist broker Mortgages for Business found that 38 per cent of its applications by December 2015 were from limited companies, up from 15 per cent in October - the month before the tax change was announced in the Autumn Statement."

http://www.thisismoney.co.uk/money/buytolet/article-3388932/Company-buy-let-mortgage-applications-double-landlords-try-beat-tax-hikes.html

Martin Gardner

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10:36 AM, 12th January 2016, About 9 years ago

New Dividend Tax Changes April 2016

I've just become aware of the new changes to company dividend tax, coming into force in April 2016. Is this a move to hit those incorporating their property business also?

Great info on this and link to petition at bottom of page here http://www.rossmartin.co.uk/directors/tax-efficient-remuneration/1591-summer-budget-2015-dividend-tax

Gareth Wilson

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10:48 AM, 12th January 2016, About 9 years ago

Here is the dividend tax petition link for every one to sign and share: https://petition.parliament.uk/petitions/106525

I'm going to be sharing this with my employer to be in turn distributed among suppliers and customers.

david porter

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11:33 AM, 12th January 2016, About 9 years ago

Reply to the comment left by "Martin Gardner" at "12/01/2016 - 10:36":

Yes, GO is not our friend.
The sad thing is there is nobody to look after our interests.

Gareth Wilson

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11:40 AM, 12th January 2016, About 9 years ago

George Osborne is a ludicrous, small-business hating backstabber. Unless his party grasps the universal scale of his destructive policy ideas, he will, in the fullness of time, offend and drive away most of its core vote to UKIP.

Martin Gardner

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11:44 AM, 12th January 2016, About 9 years ago

I need to evaluate now in my specific set of circumstances, whether it's better to be hit by new buy to let tax rules or dividends, whichever is the lesser evil...

NewYorkie

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12:07 PM, 12th January 2016, About 9 years ago

Reply to the comment left by "Martin Gardner" at "12/01/2016 - 11:44":

I suspect many landlords are also SME directors, and where they are not incorporated specifically for property, will therefore be hit by all the changes.

Martin Gardner

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12:22 PM, 12th January 2016, About 9 years ago

Reply to the comment left by "Lou Valdini" at "12/01/2016 - 12:07":

Correct, I will be hit both ways anyhow, although my ltd company is not connected currently to BTL market, my forward planning did. So in my case will have to see which tax is best to pay, for the way I operate my BTL's. If anyone cares to do a high earner comparison, that can offer some light on this.

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