Registered with Property118.comFriday 13th June 2014
Reply to the comment left by H B at 24/02/2018 - 18:46They are idiots who spend their lives in jealousy
I just find it all very sad.
There are winners and losers in life.
I won't begrudge them their crash when/if it happens.... Read More
A Bonanza or killing the golden goose?
For those of an anti-capitalist persuasion that stalk this forum;
https://en.wikipedia.org/wiki/The_Goose_That_Laid_the_Golden_Eggs... Read More
Reply to the comment left by Sam Addison at 23/02/2018 - 16:38A large chunk of those not declaring were soft targets that weren't worth HMRC chasing.
Section 24 now makes it worth their while.
The highly salaried with a BTL as a sideline 'just washing its face' are going to get hammered alongside professional landlords.
That will be good news for rents.... Read More
Haha! Smashing Mick.
I'm putting my rent up in Nottingham on the 1st August by £30 purely because of this "selective" licensing (how can blanket licensing an entire city be called selective"?).
If the tenants wants to move on, I'll sell up.... Read More
Reply to the comment left by Asif Ahmed at 22/02/2018 - 15:44Unfortunately I don't think you are right.
I don't think it comes under late filing.
I think it comes under 'failure to notify' which has a maximum penalty of 30% of the potential lost revenue (for a UK resident, not deliberate).
Soooo....900 000 x 30% of a loss = £0 to HMRC
Happy to be proved wrong!... Read More