Summer Budget 2015 - Landlords Reactions

Summer Budget 2015 – Landlords Reactions

2:00 PM, 8th July 2015, 11 years ago 9619

Budget 2015 - Landlords Reactions

The concern is;

Budget proposals to “restrict finance cost relief to individual landlords”Summer Budget 2015 - Landlords Reactions

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  • Member Since September 2016 - Comments: 2533 - Articles: 73

    9:02 AM, 16th March 2016, About 10 years ago

    Reply to the comment left by “Trendo ” at “16/03/2016 – 00:33“:

    Not my scene, Trendo. Maybe you could give a report back on what each candidate said? It doesn’t matter that it’s Welsh-based – it will give us an idea what the parties are saying. I’m especially interested in what Wayne David said as he’s my MP and I’ve been in contact with him for a while over this.

  • Comments: 28

    9:12 AM, 16th March 2016, About 10 years ago

    Reply to the comment left by “Julius Caesar” at “16/03/2016 – 08:09“:

    According to that article and quote from council of mortgage lenders only 31% of buy to let’s have mortgages on them. Perhaps that explains why the government are not concerned about the plight of leveraged landlords and believe rents will not rise across the board.

  • Comments: 28

    1:04 PM, 16th March 2016, About 10 years ago

    Budget: 1500 relief for micro businesses…..those that rent out properties online!

  • Comments: 28

    1:07 PM, 16th March 2016, About 10 years ago

    Budget…..new stamp duty bands for commercial property.

  • Member Since September 2016 - Comments: 2533 - Articles: 73

    1:41 PM, 16th March 2016, About 10 years ago

    Unless I got this wrong (it was said so quickly you could have missed it) – a nice present in lower CGT for all businesses EXCEPT residential property businesses! The bullying and unlevelling of the playing field continues…

  • Member Since July 2015 - Comments: 167

    1:48 PM, 16th March 2016, About 10 years ago

    Reply to the comment left by “Ros .” at “16/03/2016 – 13:41“:

    Yep. That was what I heard too.

  • Member Since February 2011 - Comments: 3453 - Articles: 286

    2:18 PM, 16th March 2016, About 10 years ago

    Budget summary out on Property118

  • Member Since September 2016 - Comments: 2533 - Articles: 73

    2:21 PM, 16th March 2016, About 10 years ago

    Reply to the comment left by “Neil Patterson” at “16/03/2016 – 14:18“:

    Hi Neil.
    Have you got the link?

  • Member Since February 2011 - Comments: 3453 - Articles: 286

    2:22 PM, 16th March 2016, About 10 years ago

    Our articles page in the top tabs >> https://www.property118.com/latest-articles/

  • Member Since September 2013 - Comments: 178

    6:33 PM, 16th March 2016, About 10 years ago

    We are all caught up today with the latest from GO, but I think this may be of interest.

    Apparently the EU complaints ‘dept’ will only investigate or take action if an individual person makes a complaint.

    My partner’s nephew (with whom I had a chat over the weekend) has taken HMRC to the EU (re off shore VAT) and appears to be winning.

    He has sent me this email:

    Here is that link for Lisa

    http://ec.europa.eu/atwork/applying-eu-law/make_a_complaint_en.htm

    State Aid is governed by Article 87 and 88 of the EU Treaty

    Article 87 (1) states

    “1. Save as otherwise provided in the Treaties, any aid granted by a Member State or through State resources in any form whatsoever which distorts or threatens to distort competition by favouring certain undertakings or the production of certain goods shall, in so far as it affects trade between Member States, be incompatible with the internal market.”

    That would apply to Lisa’s situation.

    The EU publishes lots of useful information

    http://ec.europa.eu/competition/publications/state_aid/national_courts_booklet_en.pdf

    There are also issues relating to discrimination and unequal treatment

    See here :

    http://ec.europa.eu/taxation_customs/taxation/individuals/rights_en.htm

    I enclose my complaint to the EU which you can use as a guide (for format)

    Happy to assist if Lisa has any questions.

    The important thing is to explain the breach of EU law in the complaint

    I have not enclosed his particular complaint (78 pages) as I think it should not be on this public forum, but am happy to send it to any of our known forum members..

    I think this is all being covered by the Judicial review, but it may be an idea to contact the EU privately. I will certainly be investigating the links and if appropriate will be submitting a complaint.

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