Richard Turner

Registered with Property118.com
Saturday 25th July 2015


Latest Comments

Total Number of Property118 Comments: 6

Richard Turner

18:27 PM, 17th November 2016, About 5 years ago

Treasury response to Section 24 report by Dr Rosalind Beck

Reply to the comment left by "James Fraser" at "17/11/2016 - 18:11":

Totally agree James. Surely if it was as they say it is (to target landlords with the largest incomes) then a simpler way would have been to leave the interest relief as it is, but increase the income tax rates on rental income. That way a bit more tax on REAL profit and none of this nonsense!... Read More

Richard Turner

17:24 PM, 17th November 2016, About 5 years ago

Treasury response to Section 24 report by Dr Rosalind Beck

Landlords with largest incomes!? My typical net profit is £50k with tax of about £9k. On same net profit tax will be £38-39k because my gross rents will be used to determine my income tax rate! So £11-12k per year for more than 50 hours a week (surely below the minimum wage!), and all the extra legislation making it worse and more costly! No wonder I had a heart attack in May! Then once interest rates go up I'll be a bankrupt single parent! Worked up from nothing and never claimed a penny off the state, but looks like I will be soon!... Read More

Richard Turner

22:38 PM, 29th July 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Reply to the comment left by "Mark Alexander" at "29/07/2015 - 22:15":

Thanks Mark, much appreciated.... Read More

Richard Turner

22:12 PM, 29th July 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Apologies guys. Trying to unsubscribe from the hundreds of email notifications before I go on holiday and although I untick the boxes at the bottom after adding a comment and then updating my profile it isn't stopping.... Read More

Richard Turner

14:15 PM, 27th July 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Reply to the comment left by "Appalled Landlord" at "27/07/2015 - 12:41":

Maybe we could all talk to our LHA tenants so they understand the reasons and then issue section 21's to them all so thousands of them flood their local housing offices in a 'panic' that would soon be fed back to government level so they could see that impact potentially 'overnight'. I know we'd need to follow through with N52B if we were actually going to evict, but the act of issuing the section 21's in unison could have a big impact on the panic factor and maybe make them think twice!... Read More