Eliminate Section 24 – The Landlord and Tenant Tax?

Eliminate Section 24 – The Landlord and Tenant Tax?

0:00 AM, 16th January 2025, About 2 weeks ago 13

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For too long now landlords owing to the government’s failure have had to take the beating and burning off the government.

Rents have had to significantly rise in the last few years due to two major factors the rise in interest rates and the obvious Section 24 Tax.

This is a tax on both tenants and landlords alike which both do not need. Tenants can enjoy stable rents and landlords can free up funds for home improvements.

There have been multiple petitions to abolish the tax.

But let’s not lose hope and continue trying.

Please sign and share the petition this is not only a battle for Landlords but tenants alike.

Sid

https://www.change.org/p/eliminate-section-24-the-unfair-tenants-and-landlord-tax/sfs/copy/433309646?recruiter=433309646&recruited_by_id=58a5cad0-921f-11e5-b721-6fcc4d00db28&utm_source=share_petition&utm_campaign=share_for_starters_page&utm_medium=copylink


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Saul Smart

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3:23 AM, 18th January 2025, About 2 weeks ago

Reply to the comment left by Jason at 16/01/2025 - 18:24
"time to make a decision. Sell up or pay the tax." Or more to the point, increase the rents to offset/ cover the tax? Exactly what we have done and now they're complaining of spiralling rents. But we gave the government 'plenty of notice' that higher rents would be the result of this policy- We have been warning them for 10 years!!

Jason

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8:08 AM, 18th January 2025, About 2 weeks ago

Reply to the comment left by Saul Smart at 18/01/2025 - 03:23
There is a ceiling on rent plus landlords not affected by S24 wouldn’t raise for this reason. Extra rent is also extra tax so the raise would need to be a lot more than just the difference in tax.

GlanACC

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9:56 AM, 18th January 2025, About 2 weeks ago

Reply to the comment left by Jason at 18/01/2025 - 08:08
I agree, there is a ceiling on rent that landlords will not be able to go above otherwise all that will happen is the tenant will stop paying the rent and it will take 6 months or more to evict them.

I am not affected by S24 so my rents are below market rent but that's fine with me

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