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: 154
5:25 PM, 22nd October 2015, About 10 years ago
I think he could easily remove tax relief for loans on residential properties in limited companies. I also do not think it would affect the large corporate companies as they could raise money from shareholders or investment companies.
Member Since July 2015 - Comments: 438
5:53 PM, 22nd October 2015, About 10 years ago
Reply to the comment left by “Laura Delow” at “22/10/2015 – 17:12“:
Even if held in a trust?
Member Since April 2014 - Comments: 306
6:07 PM, 22nd October 2015, About 10 years ago
Reply to the comment left by “Mark Shine” at “22/10/2015 – 17:53“:
My understanding is not if the company is an investment & not a trading company but you should seek legal advice in this regard.
Member Since July 2015 - Comments: 167
6:12 PM, 22nd October 2015, About 10 years ago
Rather than play about with interest, I’d imagine they’d just extend the Annual Tax on Enveloped Dwellings (ATED – I’m not going to pretend to be totally informed on this!). Currently it seems intended to deal with valuable homes (individually over a million) being held by a company for tax reasons but it could easily be extended to cover pretty much anything.
Member Since July 2015 - Comments: 438
6:53 PM, 22nd October 2015, About 10 years ago
Yes I have been doing that, as assume you and other LLs who have been put in this position (effective 2017 onwards) are doing also.
Member Since September 2013 - Comments: 771
8:13 PM, 22nd October 2015, About 10 years ago
Reply to the comment left by “Dr Monty Drawbridge ” at “22/10/2015 – 18:12“:
I think you could be right on this easy applied tax grab
Member Since August 2015 - Comments: 335
10:10 PM, 22nd October 2015, About 10 years ago
Reply to the comment left by “Laura Delow” at “22/10/2015 – 09:46“:
Hurrah!
Member Since July 2015 - Comments: 438
5:25 AM, 23rd October 2015, About 10 years ago
George Osborne unveils curbs on buy-to-let mortgages
http://www.telegraph.co.uk/news/politics/georgeosborne/11949611/.html
FYI I usually have the following webpage open on my phone, it picks up many (but not all) of the relevant BTL articles, so others may want to try it:
http://mobile.newsnow.co.uk/h/Lifestyle/Property/Buy-to-Let
Member Since February 2011 - Comments: 3453 - Articles: 286
8:21 AM, 23rd October 2015, About 10 years ago
Way ahead of you Mark 🙂 I wrote the article yesterday >> https://www.property118.com/the-fpc-are-to-be-given-new-responsibilities-over-the-btl-market/81693/
Member Since July 2015 - Comments: 438
10:28 AM, 23rd October 2015, About 10 years ago
Reply to the comment left by “Neil Patterson” at “23/10/2015 – 08:21“:
Nice one Neil 🙂