Rajesh Hiremath, Author at Property118

Rajesh Hiremath

Reply to the comment left by "Bill Morgan" at "29/02/2016 - 16:21": Bill, I completely agree with you. Only time will tell.

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Reply to the comment left by "Markb " at "29/02/2016 - 15:43": Hi Markb, I have expressed my opinion based on few well known facts. Comments like "I am stupid and ignorant" is not appropriate on a public platform like...

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Summer Budget 2015 – Landlords Reactions

29th February 2016, 10 years ago

The comments like -Tax of 150%, people are force to live abroad in tax exiles, landlords will close down their businesses are nothing but emotional outburst without giving any facts or providing any reference to well researched documents. I do...

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Reply to the comment left by "steve p" at "29/02/2016 - 14:33": Hi Steve, I appreciate your points of view. However, it is well known established economic principal that increase in cost over the time is unavoidable. It may be...

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Reply to the comment left by "Carol Duckfield" at "29/02/2016 - 14:14": Hi Carol, Please note, I am not a tax expert or a financial advisor. As far as I know one can deduct personal allowance, property maintenance costs, depreciation...

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Reply to the comment left by "Barry Fitzpatrick" at "29/02/2016 - 13:56": Hi Barry, 1. "Rich Landlords" are who pay higher income tax and can afford to pay little bit more. 2. " most indebted landlords". This is an exaggeration....

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Reply to the comment left by "Stewart Jackson" at "29/02/2016 - 13:38": I own a BTL property and come under higher tax backet. I still think this tax is very fair.

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Reply to the comment left by "Barry Fitzpatrick" at "29/02/2016 - 12:52": According to the BTL association survey 76% of the landlords own BTL property and they pay basic income tax at 20%. Hence, it should not affect them. Only...

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Summer Budget 2015 – Landlords Reactions

29th February 2016, 10 years ago

At least BTLrs gets 20% relief on interest payment. Where as I will not get any mortgage interest relief for the house I am currently lining in.

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Rajesh Hiremath

Rajesh Hiremath


Registered with Property118.com

24th August 2015

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