Summer Budget 2015 – Landlords Reactions
2:00 PM, 8th July 2015, 11 years ago
9619
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The concern is;
Budget proposals to “restrict finance cost relief to individual landlords”. 
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Budget 2015 Campaign
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Member Since October 2013 - Comments: 804
2:15 PM, 8th March 2017, About 9 years ago
He did by reducing dividend relief and once ur incorporated that’s it or that’s what I have been advised all I know is s24 for me is a non starter so it’s well worth becoming limited 100%
Member Since November 2016 - Comments: 335
2:21 PM, 8th March 2017, About 9 years ago
Reply to the comment left by “NW Landlord” at “08/03/2017 – 14:15“:
That comment (above mentioned) was made after he reduced dividend relief reduction. LLP has nothing to do with Dividend relief. He specifically mentioned incorporating existing business.
Member Since September 2015 - Comments: 1013
2:23 PM, 8th March 2017, About 9 years ago
the devil is in the detail. Get a copy of the Red Book
Member Since November 2016 - Comments: 335
2:28 PM, 8th March 2017, About 9 years ago
Reply to the comment left by “Barry Fitzpatrick” at “08/03/2017 – 14:23“:
That’s true Barry. In relation to digital Tax return he has delayed for small businesses for 1 year whose incomes are under VAT threshold but left Unincoporated landlords “high and dry”
Member Since October 2013 - Comments: 804
2:30 PM, 8th March 2017, About 9 years ago
Who knows but advice I have been given is once it’s done its done and I am now focusing energies away from traditional buy to let as it’s all very up in the air but any new purchases will be done in limited company
Member Since July 2015 - Comments: 393
2:32 PM, 8th March 2017, About 9 years ago
Reply to the comment left by “NW Landlord” at “08/03/2017 – 14:15“:
And it’s all dividends, not just those from your own company – so we are on our way back to the situation where (technically) unearned income is taxed more than earned income (dividends will be taxed twice – corporation tax and then income tax)
Member Since September 2016 - Comments: 2533 - Articles: 73
3:37 PM, 8th March 2017, About 9 years ago
I’ve written my response here:
https://www.property118.com/similar-tax-similar-incomes/95315/
Member Since July 2014 - Comments: 121 - Articles: 1
7:17 PM, 8th March 2017, About 9 years ago
REPLY TO MIKE BARNES
Mike youve misunderstood my point. I was saying that the whole scenario was originated by one original amount of money saved from salary or elsewhere..and invested…in a BTL property…thats why i used the word….” origin”..and went on to say that money could have been spent..in the “normal” way say on a holiday…and none of the further three..or four.. lots of taxation…stamp…rent tax.. capital gain…Clause 24 would have occurred. It seems to be forgotten by the gov. that all those tax payments arise because we choose to make one investment..and subsequently all these tax revenues arise. Far from having a tax advantage we pay several lots..all arising from one original investment.
Member Since October 2015 - Comments: 148 - Articles: 1
9:50 AM, 9th March 2017, About 9 years ago
Radio 1 Newsbeat wanting to talk to LLs if anyone wants to volunteer.
This is in connection with a study they are reporting on which found LLs prefer pet owners over benefit tenants.
http://www.bbc.co.uk/news/uk-england-39102860
Member Since February 2016 - Comments: 20
11:11 AM, 9th March 2017, About 9 years ago
Reply to the comment left by “Rachel Hodge” at “09/03/2017 – 09:50“:
Re-posting from another thread….
Just reported on London BBC news (apparently, it’s come as a shock to them!) – “it’s easier to rent a flat in London if you have a pet than if you’re on housing benefit”. Out of 11000 homes to rent in online listings in London, all but a few hundred are not available to people on housing benefit. An unnamed campaign group has claimed this is discriminatory on the part of landlords. Even if mortgage lenders were to allow rental to tenants on housing benefit (which in my experience, very few do), how exactly has the government encouraged landlords to house these disadvantaged people!?