Don’t forget Landlords Boris?

by Readers Question

10:52 AM, 10th June 2019
About 3 months ago

Don’t forget Landlords Boris?

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Don’t forget Landlords Boris?

Boris Johnson has today promised to cut taxes for around 3 million higher earners by raising the 40p threshold from £50,000 to £80,000 if he becomes Prime Minister.

But Boris what about the Landlords?

A big percentage of Owner Occupiers also own a Buy To Let Mortgage.

Michael Gove pledges to axe VAT. Will you commit to axing VAT on Agents Fees and Maintenance Costs?

Will you commit to a Capital Gains Level of 10% for Landlords and also Tax Relief on Mortgage Interest at the Headline Rate?

Don’t disappoint me Boris!

Fergus



Comments

Neil Patterson

10:54 AM, 10th June 2019
About 3 months ago

Alas I would hope for the best, but prepare for disappointment.

Luke P

11:10 AM, 10th June 2019
About 3 months ago

It's the stranglehold by the Civil Service we must break in both the Treasury and MHCLG (can't comment about other departments). The average age, certainly in the Treasury, is 27 and most are your typical liberal London lefties.

Ian Narbeth

11:33 AM, 10th June 2019
About 3 months ago

I haven't checked his voting record but I'm pretty certain Boris voted for section 24 and the Tenant Fees Act.

Has he spoken out in support of landlords?

His "F*** business" comment did not inspire confidence.

Douglas Barley

12:02 PM, 10th June 2019
About 3 months ago

Don't forget the Brexit party - I think that is where the hope to overturn the bad legislation bought in by the current government lays, both to the benefit of tenants and landlords. This crowd are never going to admit they got anything wrong. Luke P you are quite right about the civil service they have a lot to answer for.

Luke P

12:08 PM, 10th June 2019
About 3 months ago

Reply to the comment left by Douglas Barley at 10/06/2019 - 12:02
Out of curiosity, who is a). in charge of the civil service/servants; b). can an incoming PM/party fire them? If The Brexit Party were to gain/share power post any future GE, if we do not oust those that actually pull the levers of power, then no amount of elections will solve current problems.

Whiteskifreak Surrey

12:26 PM, 10th June 2019
About 3 months ago

Reply to the comment left by Ian Narbeth at 10/06/2019 - 11:33
Very well said, Ian. I do not think he has any idea about being a LL, and their everyday fight with the Government who proclaimed the war on PRS.
I would not hold my breath... And at the end even if he is a PM, he will be fighting various fractions his own party and for delivering any sort of BrexSHIT.. LLs will be at the end of a queue, and should consider themselves lucky if he will not make our life worse.

Rob Crawford

12:48 PM, 10th June 2019
About 3 months ago

Fergus, I suspect the answer is in your question, "what about landlords"! Of course, Boris may add the odd swear word!

Michael Tucker

13:57 PM, 10th June 2019
About 3 months ago

If Boris is elected and, keeps his promise to up the 40% rate to £80,000 that will mean many landlords would be better off especially if they are married couples taking their total income to £160,000. The downside of course for some people saving into a pension fund, will be they won’t get the 40% rate added to their pension contributions until they earn over the new figure which could be never. However, it would allow them more money to pay into a pension plan. Bottom line is it would take a lot of landlords out of the 20% tax credit situation that most of us are facing at the present time, only to get worse from 2020 onwards.

Appalled Landlord

14:43 PM, 10th June 2019
About 3 months ago

Reply to the comment left by Luke P at 10/06/2019 - 12:08
“There are around 430,000 people employed in the civil service. Of these, 83,500 are based in London – an increase of more than 5,000 since 2017. The capital remains the region with by far the most civil servants, now by a margin of over 30,000.”
https://www.instituteforgovernment.org.uk/explainers/location-of-civil-service

There are two unions for them. The FDA is only open to HEO grade or above.
https://www.fda.org.uk/home/Whyyoushouldjoin/Am-I-eligible.aspx The FDA is politically independent and is not affiliated to any political party.

The other union for civil servants, the PCS, has abandoned political neutrality. It is asking its members what they should do to get Corbyn and McDonnell into the highest offices in the land.

“About PCS
The Public and Commercial Services Union (PCS) is one of the largest trade unions in the UK, with about 200,000 members.
We are organised throughout the civil service and government agencies, making us the UK’s largest civil service trade union. We also organise widely in the private sector, usually in areas that have been privatised.
We are a democratic organisation, run by our members, for our members. We campaign for fair pay and conditions, decent pensions for all and equality in the workplace and beyond. If you're not a member of PCS, there's never been a better time to join the union.” https://www.pcs.org.uk/about-pcs

“PCS political consultation
ADC 2018 agreed by supporting motion 41 that the election of a UK Labour government under the leadership and policies of John McDonnell and Jeremy Corbyn is in the interest of PCS members. Conference decided that we must develop an effective political strategy for the next general election that involves advancing our industrial agenda through national union support for a Jeremy Corbyn-led Labour government.”
https://www.pcs.org.uk/campaigns/pcs-political-consultation

“Just as British politics has changed, PCS policy has changed with it. The view that a civil service union should not intervene in the political arena used to be widely accepted. But, as the civil service has been politicised by successive governments, and as cuts and privatisation programmes have fundamentally attacked PCS members’ terms and conditions, we have become more active in the political arena.

At our 2016 conference, Jeremy Corbyn promised to restore national bargaining in the civil service and pledged to oppose cuts and repeal the Tories’ Trade Union Act. In June 2016 the NEC issued a statement which declared that we opposed the attempts by some Labour MPs to unseat Jeremy Corbyn and, whilst remaining an independent, nonaffiliated union, we believe that PCS members’ interests are best served by his continued leadership of the Labour party.”
https://www.pcs.org.uk/sites/default/files/site_assets/campaigns/2019/ARTWORK-10024-general-election-booklet.pdf

Old Mrs Landlord

15:35 PM, 10th June 2019
About 3 months ago

Reply to the comment left by Appalled Landlord at 10/06/2019 - 14:43
Having read this I join you in being appalled, Appalled. The administration of government has been taken over by Marxists yet the union claims to be independent and non-affiliated. My history teacher was right - the only thing we learn from history is that we don't learn from history.

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