Is government thinking of disallowing operating costs, and for companies as well?

Given the election result if they depend on labour votes to do this and given labour likes playing politics ie even voting against what was their policy as in the stamp duty reduction for first time buyers. With that i mind i cant believe the many tory mps that are even landlords themselves would vote for it. As with clause 24 they may try and restrict it to basic rate perhaps. I would all bare in mind the energy effience went down to 2500 when it was 5000

many businesses would fold overenite

ps do not respond to q

Can we all calm down? If the data is anonymised then it may actually be a good thing for landlords to provide answers. At least then the Ministry of Housing, Communities & Local Government will have some data. In fact I suspect only the conscientious landlords will complete it.
Only idiots or non-landlords are going to return the survey and answer "No, I haven’t done this" to Have you "Carried out any “Right to Rent” checks on tenants to confirm if they had the legal right to live in the UK", "Provided the tenant with a copy of the government “How to rent” information guide for tenants", "Registered the deposit with a government backed tenancy deposit protection scheme (TDP) if a deposit was taken." and "Ensured a working carbon monoxide alarm was installed in rooms containing a solid fuel burning appliance" and Carried out an annual gas inspection by a qualified inspector for properties where gas is installed"? It is odd to ask people who have registered deposits if they have done so.
If any Property 118 readers are asked to participate I recommend they do so in order that a wholesome picture of the market is given. That said, it is naive of the Minister to ask randomly since the "rogue" landlords who may have registered deposits but are breaching many other rules are unlikely to answer honestly.

It seems to me full of loaded questions that will probably be used as ammunition against landlords.
eg; Many landlords responded that they wouldn't let to non-UK passport holders. Therefore we are fully justified in bringing in yet more batshit-crazy regulation to stamp out racist landlords. And introducing another 'level playing field' landlord tax (obvs).
The 'other' answer could be used to advantage though.

Nothing would surprise me...
After the introduction of S24 I waited before looking to incorporate. I just felt that this cynical lot would wait for landlords to jump from sole trader to limited company and then tax them again...
I haven’t bought anything for two years now as a result.
We have to remember that as a constituency, rightly or wrongly, landlords are not a loved bunch and in general not many votes will be lost if we are taxed more aggressively.
It would be relatively easy for the treasury to make an amendment to commercial/Limited Company GAAP to exclude a property rental businesses.
So now, if I have £40/£50K to invest, whereas I would previously considered property as a no brainier today I’d have to look at my Pension plans instead, which is precisely what donors to the Tory party like L&G would want, having lost a stack of cash to BTL and in order to restore the investment status quo to what it was like in the days before mainstream BTL really took off.
Watch and wait would be my advice.
Get your LTV ratios down, fix to attractive mortgage rates and then try and ride it out...
If the Tories stay or Labour get in, either way I sense they’re coming for us...

Reply to the comment left by Claudio Valentini at 15/03/2018 - 13:49
regarding limited company taxation, I think they are already planning 'look through' taxation, which will effectively remove small businesses from company tax laws and apply personal tax laws. That would mean S24 would apply.

We should not criticise the Gov't if they are asking questions in an attempt to understand the PRS better. However, they will still need help in the analysis of data received. Unless completion of the survey is mandated, I suspect it's too long and respondents will drop out half way through! Assuming they start that is. I am concerned that data will be used as a means to cap rental profit and to identify where best to apply tax charges. Maybe they are also considering a Public sector retained deposit scheme, eliminating the current schemes so that the Government can enjoy the interest owned! There's so much one can read into all of this - maybe it's just a thesis for Joe Boggs PhD!!

It states the questionnaire surveys private landlords and letting agents in England, and collects information about their circumstances, their properties, their tenants, and the possible impact of legislative and policy changes in the sector.
You could take it that this implies how they can further attack the PRS or that they are trying to beware damaging it. I've become very cynical these last 2 years & am leaning towards the former.

Personally I am always suspicious of Government surveys, even if they get a good response, politics tends to intervene at some stage and the results get skewed in the direction that the Minister in charge of the housing department is contemplating or whoever sat on him at his last interview. Don’t waste your time, better not to feed the tiger at all, they just come back for more otherwise.

I don’t trust any of them anymore after what’s been going on over the last 2 years. Selling quite a bit off over the next few years an I have incorporated. Put a house up for rent through open rent on Monday by Tuesday night I had to take the ad down because I had 60 yes 60 calls. The recurring theme was landlord is selling and this is before the first tax bills. Eventually something will give as this policy is simply unsustainable.