ginny reid

Registered with Property118.com
Wednesday 8th March 2017


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ginny reid

20:14 PM, 8th March 2017
About 2 years ago

Similar tax for similar incomes

Reply to the comment left by "Simon Hall" at "08/03/2017 - 19:12":

Interesting point. Perhaps someone can clarify something for me.
In my mind, it's only landlords with smallish portfolios that finance themselves with buy to let mortgages.
Now the non-Ltd route is becoming less attractive, LLs will move into Ltd (special vehicle) companies. Large incorporated LL organisations probably don't use buy to let financing (I imagine - please correct me if I'm wrong) so even if HMRC decided to apply the new buy to let tax to Ltd companies, that would leave the very large corporations to benefit/be immune to these potential taxation hits, so only smaller entrepreneurs, trying to secure a pension for themselves get hit?... Read More