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”. 
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Tags:
Budget 2015 Campaign
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Member Since July 2015 - Comments: 247
6:21 PM, 18th August 2015, About 11 years ago
George Orwell ..George Osborn …hmmm !
Member Since September 2013 - Comments: 771
6:29 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Kathy Evans” at “18/08/2015 – 17:09“:
Hi Kathy
No I could not find the facts and figures but thought this was interesting as itsuggested ways to slow the market without taking the tax relief
Member Since October 2014 - Comments: 274
7:00 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Matthew Dervin” at “18/08/2015 – 10:18“:
@Matthew
I have to agree. Perhaps if the facing saving generated more £m’s then he might pay attention but I don’t see it.
Member Since August 2015 - Comments: 335
7:21 PM, 18th August 2015, About 11 years ago
Just had a discussion with an accountant, portfolio which generates £200K gross income PA would cost additional £2000 a month Tax, regardless of whether you make profit or not that’s £24K per annum.
First year 2017 £6K 2018 12K, 2019, £18K, 2020 £24K.
Tenants get ready for rent rise!
Member Since October 2014 - Comments: 282
7:27 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Trendo ” at “18/08/2015 – 18:21“:
And there the similarity ends.
Member Since August 2015 - Comments: 139
7:31 PM, 18th August 2015, About 11 years ago
Mark, I think we seriously should start looking at a route to legal action, and informing the media that a legal challenge will be mounted if this proposal passes. This may start to focus the minds of some MPs and decision makers.
The RLA have today asked for alternative proposals and even mentioned offsetting energy efficient measures against income as supposed to capital. It’s a complete joke. The NLA and RLA need to start earning their membership fees! I suggest everyone contacts their respective associations and let them know in the strongest possible terms that their position simply isn’t good enough.
Member Since October 2014 - Comments: 282
7:32 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Saeef Khan” at “18/08/2015 – 19:21“:
Yep, Saeef, Osborne may as well stick a needle in our arms and bleed us dry.
Did you mean 20k, though?
Member Since August 2015 - Comments: 335
7:36 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Neil Allen” at “18/08/2015 – 19:31“:
Neil, RLA stance on this particular measure is simply laughable.
The biggest irony is that, forthcoming legislation is so complex that, nobody seems to understand or even bothered about it.
Proof is in pudding 14000 signatures from 2 million landlords!
Member Since October 2014 - Comments: 282
7:39 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Saeef Khan” at “18/08/2015 – 19:21“:
Oh, no, ignore me, I think I’m going stir crazy. I thought your figures were odd. I think it’s just the tax.
Member Since August 2015 - Comments: 335
7:41 PM, 18th August 2015, About 11 years ago
Reply to the comment left by “Connie Cheuk” at “18/08/2015 – 19:39“:
LOL Connie, don’t worry we’ll survive. Where there is a will, there’s a way!