Summer Budget 2015 – Landlords Reactions

by Mark Alexander

14:00 PM, 8th July 2015
About 4 years ago

Summer Budget 2015 – Landlords Reactions

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Summer Budget 2015 – Landlords Reactions

Budget 2015 - Landlords Reactions

The concern is;

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

To calculate the impact of this policy on your personal finances download this software



Comments

NW Landlord

15:28 PM, 10th May 2017
About 2 years ago

Yet another example of governments meddling and actually making things worse. When are these idiots gunna realise that professionals working in any industry are far better placed and qualified to adapt and work in the markets they operate then elected toffs ( in the main ) who have never been in the industry that they legislate madness and S24 is going to be far worse once it starts biting foolish people

Cautious Landlord

15:46 PM, 10th May 2017
About 2 years ago

Quite agree. TM last night on TV banging on about energy suppliers and insisting the govt will get involved in a 'broken market' - by nicking Milliband's policy. Now don't get me wrong as landlords we spend far too much time dealing with one incompetent energy supplier to another - they are all dreadful in equal measure and so very inefficient it is a wonder prices aren't even higher. However, price controls are not the answer. Every time she said 'energy price' you could substitute in 'rent' for her next intervention in another 'broken market' - renting. These are not real tories when they insist on leftie intervention - with such ineffective opposition it is surely time to get back to the proper right - rewarding hard work and risk, punishing laziness and inefficiency. Having said this no choice at the ballot box - the least dreadful option.

Charles Mackay

10:32 AM, 11th May 2017
About 2 years ago

Does anyone know if Mark has put his BICT strategy through this process? Seems sensible given he is proposing other people to do same? I would have posted on the thread below but it is closed for comments:
https://www.property118.com/fees-refunded-hmrc-non-statutory-clearance-request/98558/

NW Landlord

10:34 AM, 11th May 2017
About 2 years ago

Thats all part of mark smiths package covers all bases

Charles Mackay

11:57 AM, 11th May 2017
About 2 years ago

So has any of the members here actually been through this process and received clearance from HMRC?

NW Landlord

14:24 PM, 11th May 2017
About 2 years ago

Hello I have incorporated through BICT and everything has gone through great and I started running my LTD company on April 1st. My full time job is in property and I manage everything top to bottom with my business partners I am now focusing on growing again and moving forward after the bombshell in 2015 would recommend highly for anyone who fits the criteria

Charles Mackay

15:48 PM, 11th May 2017
About 2 years ago

Sounds positive. When you say everything has gone through great, can you confirm that you have had advanced clearance from HMRC?

Dr Rosalind Beck

15:50 PM, 11th May 2017
About 2 years ago

Reply to the comment left by "Charles Mackay" at "11/05/2017 - 15:48":

Why are you so interested?

Charles Mackay

16:13 PM, 11th May 2017
About 2 years ago

Because it may be something I'm considering, so want to ask others who have already incorporated - obviously if HMRC have given advanced clearance then this makes it more appealing as a solution.

Why are you being so guarded? It's a very simple question.

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