Summer Budget 2015 – Landlords Reactions
2:00 PM, 8th July 2015, 11 years ago
9619
Categories:
The concern is;
Budget proposals to “restrict finance cost relief to individual landlords”. 
To calculate the impact of this policy on your personal finances download this software
Tags:
Budget 2015 Campaign
Comments
Have Your Say
Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.
Not a member yet? Join In Seconds
Login with
or
Member Since July 2015 - Comments: 280 - Articles: 11
6:30 PM, 5th August 2015, About 11 years ago
Landlords’ Protest Against Absurd Tax Plan reaches over 8,000 signatures
https://petition.parliament.uk/petitions/104880
Member Since September 2016 - Comments: 2533 - Articles: 73
6:32 PM, 5th August 2015, About 11 years ago
Brilliant Mark! This is very promising. I feel excited and optimistic. Well done for getting this opportunity. Let us know what we need to do to help and I am sure we will all be willing.
Member Since January 2011 - Comments: 12193 - Articles: 1396
6:37 PM, 5th August 2015, About 11 years ago
Message to all Twitter users.
Lots for you to be re-tweeting via this link >>> https://www.property118.com/tax-levy-campaign-tweets/
.
Member Since September 2016 - Comments: 2533 - Articles: 73
6:44 PM, 5th August 2015, About 11 years ago
Done (although I have only a handful of followers. but that does include a top Telegraph journalist). Love the word ABSURD.
It shall be my mot du jour.
Member Since September 2013 - Comments: 178
6:45 PM, 5th August 2015, About 11 years ago
That’s wonderful Mark!
Hopefully they will listen!
Member Since September 2016 - Comments: 2533 - Articles: 73
6:48 PM, 5th August 2015, About 11 years ago
We have to keep up the pressure now. Please can everyone who hasn’t written to their MPs about this, do it today.
Ask them specifically to put questions to the Treasury. Several of the MPs we have written to have done or offered to do this. That could be a good move.
Let’s keep this momentum going.
Member Since January 2011 - Comments: 12193 - Articles: 1396
6:48 PM, 5th August 2015, About 11 years ago
Here’s my latest Tweet ..
Member Since July 2014 - Comments: 86
6:49 PM, 5th August 2015, About 11 years ago
Reply to the comment left by “Mark Alexander” at “05/08/2015 – 18:37“:
RLA just announced their campaign which mirrors ours and has a link to the petition
Member Since July 2014 - Comments: 86
6:50 PM, 5th August 2015, About 11 years ago
Reply to the comment left by “Mark Alexander” at “05/08/2015 – 18:37“:
RLA just announced their campaign which mirrors ours and has a link to the petition
Member Since July 2015 - Comments: 193
6:51 PM, 5th August 2015, About 11 years ago
Reply to the comment left by “Lisa Stux” at “05/08/2015 – 14:13“:
I am convinced
1. Those who know of it don’t understand it –
the main reaction is as you say “let my accountant worry about that. HELLO!!! My accountant wrote to me the day after the budget saying “be worried” if Accountants are not saying that they too are in the dark.
2. Those that have heard of it don’t believe it –
they think it cant be true and us landlords are all paranoid nutters… They think there is no way the government would treat anyones affairs or tax you in the way. I see it in their eyes when I talk to them – they don’t believe us.
In my humble opinion…We now need to focus and have a single slogan / streamlined approach / position. We must use simple, consistent, understandable, unambiguous terms, words and strategies. No more talk or mention of interest tax for instance. We need to find the common words that correctly say what is it and use common words to reject it and common words to develop one strategy and one approach to letting everyone know what is s what will happen and what we will have to do.
We need to pick a limited set of characters and businesses that we stick with and use them consistently to demonstrate the impact..
Example 1: “John the landlord has 10 properties, with 50 tenants. His rents £x rents and he has £Y in mortgages and £Z costs. Johns tax will now be £F which is an effective tax rate of K%. To cover the increase and avoid certain bankruptcy, John will need to increase rents by B% or find £Q to restructure as a business to avoid the tax altogether. People need to know John and be able to understand his predicament, maths and issues .
Any takers??