How buy-to-let will lose money
Honestly, some very odd comments on the ways the tax changes will impact on landlords: here’s a prize from the Office for Budget Responsibility, the body that monitors Treasury activities and ensures feasibility of tax policy in economic terms: “It is expected that 1 in 5 individual landlords will receive less relief as a result… Continue reading Question: how does increasing tax on landlords help tenants? (Answer: it doesn’t)
A call for £50,000 of funding for a legal challenge to the Chancellor’s tax grab on landlords on Boxing Day was successfully reached by the end of the Christmas/New Year break. Steve Bolton, who runs a buy-to-let training franchise company, had commented: “It’s not clear why the Government has chosen to just launch an attack… Continue reading Alice in Wonderland tax facing a legal challenge
Well, not that lot, but the status quo as far as buy-to-let is concerned. I’ve let the dust settle for a week or so before commenting upon the latest round of the Chancellor’s assault on buy-to-let investors (as that is what it’s becoming), mostly because there’s been an awful lot of other commentary around and… Continue reading The Status Quo is gone…..