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 October 2013 - Comments: 1020 - Articles: 47
11:45 PM, 31st August 2016, About 10 years ago
Reply to the comment left by “Kathy Evans” at “31/08/2016 – 22:44“:
Hi Kathy
Why did you write that there will be a separate self-assessment form for each property?
Member Since August 2013 - Comments: 428
11:53 PM, 31st August 2016, About 10 years ago
Reply to the comment left by “Kathy Evans” at “31/08/2016 – 22:44“:
Have I missed some guidance about the proposed new tax reporting arrangements? This is the first mention I’ve come across of having to report on each property separately and I understood that the detail was yet to be announced. Can you point me to the source of this information please?
Member Since February 2016 - Comments: 977 - Articles: 1
9:01 AM, 1st September 2016, About 10 years ago
Reply to the comment left by “Seething Landlord” at “31/08/2016 – 23:53“:
I vaguely remember that our ‘favourite George’ was making noises about quarterly tax reporting. It was supposed to be a shorter form, submitted only electronically. It was not supposed to happen until -I think – 2017. But those noises died out, perhaps they realised that there is not enough HMRC staff to process that.
Maybe the others remember better- know more?
I have not heard about reporting each property separately.
Member Since August 2013 - Comments: 428
9:20 AM, 1st September 2016, About 10 years ago
Reply to the comment left by “Whiteskifreak Surrey” at “01/09/2016 – 09:01“:
There was a recent announcement about businesses with less than £10000 annual turnover being exempt from, if I remember correctly, quarterly reporting but no mention that I’ve seen of any detail apart from that.
Member Since July 2015 - Comments: 393
11:44 AM, 1st September 2016, About 10 years ago
Reply to the comment left by “Dr Rosalind Beck .” at “31/08/2016 – 23:13“:
Well, the consultation is still ongoing until 7/11, but I think it’s 2018 for all non-Ltds with turnover over 10,000. Must use dedicated software – not a spreadsheet – no free one provided by HMRC. Cash basis for accounts if you want it. Can’t remember where I saw all properties separately, but it was in one of the MTD papers – I remember a comment about there being nowhere to account for things like insurance (which apply to all properties) until the year end.
Member Since July 2015 - Comments: 393
11:46 AM, 1st September 2016, About 10 years ago
Reply to the comment left by “Appalled Landlord” at “31/08/2016 – 23:45“:
Not a separate form, just a separate “line”. If you have more than 6 properties you are already doing it.
Member Since February 2016 - Comments: 977 - Articles: 1
11:48 AM, 1st September 2016, About 10 years ago
This government really hates us!
Never again will I be voting Conservative.
Member Since April 2016 - Comments: 68
12:05 PM, 1st September 2016, About 10 years ago
I think this is the open consultation…
https://www.gov.uk/government/consultations/making-tax-digital-for-business-an-overview-for-small-businesses-the-self-employed-and-smaller-landlords
Member Since May 2015 - Comments: 2190 - Articles: 2
12:17 PM, 1st September 2016, About 10 years ago
Reply to the comment left by “Whiteskifreak Surrey” at “01/09/2016 – 11:48“:
But bad as the Tories are, are not the Socialists worse for landlords? The Monster Raving Loony party is beginning to look quite good‽
Member Since February 2016 - Comments: 977 - Articles: 1
12:21 PM, 1st September 2016, About 10 years ago
Reply to the comment left by “David Price” at “01/09/2016 – 12:17“:
Of course they are, David. I am the last one in the UK to vote Labour!