No Judicial Review of section 24 for landlords

by Property 118

10:39 AM, 7th October 2016
About 2 years ago

No Judicial Review of section 24 for landlords

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No Judicial Review of section 24 for landlords

Commenting on the High Court decision to the refuse permission for a Judicial Review of Section 24 of the Finance Act, Richard Lambert, Chief Executive Officer at the National Landlords Association (NLA) said:

“This decision is ultimately disappointing not just for landlords, but for the tenants who will see their rents rise as a consequence of the changes to landlord taxation.

“While we have never been convinced that there was a solid enough legal case to overturn George Osborne’s decision, we hoped the Courts would be prepared at least to listen to the arguments.

“We congratulate Steve, Chris and the campaign team on their determination, perseverance, and their success in raising awareness and increasing the visibility and understanding of what will be a dramatic change to the ability of hard working people to provide homes for others.

“This issue has been the focus of the NLA’s lobbying for the past 15 months and, as the UK’s largest representative body for landlords, we are still committed to changing this damaging policy through political engagement and lobbying. We urge all landlords to join us in this fight.”



Comments

Richard Mann

11:25 AM, 7th October 2016
About 2 years ago

Well, I was rather hoping that this action would at least allow an opportunity to clearly present the facts and let those with a legal disposition and a peppercorn of common sense see that the implementation of clause 24 is grossly unfair to all the affected parties involved namely the Tenants AND the Landlords.
One cannot help to start looking wider at all government intervention into all business and see very quickly that with TAX grab in mind there is little that business owners can do to offset such behaviour and that the knock on effects are rarely thought through.
A very disappointing decision has been made. How an individual like George/Gideon Osborne could ever be looked at with anything other than sheer contempt remains to be seen. I personally find him stomach churning. He alone is responsible for this and he should be reminded of it everyday till the day he passes that he and he alone deliberately went all out to inflict pain and hardship on potentially millions of hard working honest people. Shame on you Mr. Gideon Osborne Shame

Jonathan James

13:18 PM, 7th October 2016
About 2 years ago

Today is the last day for submission of representations to HM Treasury with regard to the Autumn Statement 2016.

Please submit your objections to Clause 24 of the Finance Act 2015 if you haven't already done so.

https://www.gov.uk/government/publications/budget-representations-guidance

Every little helps (hopefully!)

Thank you.

Andy Bell

13:42 PM, 7th October 2016
About 2 years ago

Another 2 potential effects for Landlords with children, especially for those well in the 20% tax band who thought it won't affect them.

1. Loss of tax credits
2. Loss of student finance grants (based on household income)

Is it still just 1 in 5 Landlords affected?

Gary Dully

12:06 PM, 8th October 2016
About 2 years ago

Well that just about seals the fate of all my DSS tenants, they will no longer be able to afford the rents, so it's time to give them all notices to quit.

I have just cleared a full HMO out in Leicester of 5 tenants and I won't be allowing any DSS tenants to apply.

The cheapest room will be £80pw, with yearly increases where it's currently £56pw and I haven't raised rents in 7 years.

Osborne's a effing idiot,
Message to Theresa May, now's the time to stick a poker up the chancellors backside and wake up to this lunacy that's about to be inflicted.


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