Telegraph requesting landlord feedback on Budget corporation tax increases

Telegraph requesting landlord feedback on Budget corporation tax increases

15:23 PM, 4th March 2021, About A year ago 14

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Hello incorporated landlords!

I have had a request from a journalist at the Telegraph, Melissa Lawford, to find portfolio landlords (with profits of over £50k a year) who will be affected by the corporation tax rises in the Budget.

If you can pass your details info@property118.com Neil will forward them to me, and she will get in contact with you.

Also, if people want to share their views on this, please do so below in comments as it is an important topic for us anyway.



Comments

by Badger

12:38 PM, 7th March 2021, About A year ago

Reply to the comment left by Paul landlord at 06/03/2021 - 16:04
Just to pick up on the gas boiler to be eliminated concerns - this is a false worry.

Gas boilers are NOT going to be eliminated.

What IS going to be eliminated is the carbon based gas fuel - i.e. methane - that they currently run on.

But this will be replaced with hydrogen.

Pilot studies have been running for years and Worcester-Bosch have produced hydrogen-ready boilers that, much like the change over from town gas to natural gas back in the seventies will simply require substitution of small parts to convert from natural gas to hydrogen - so you won't even need to replace your boiler.

https://www.dnv.com/oilgas/perspectives/switching-city-from-natural-gas-to-hydrogen.html

It strikes me as insane that, in the first instance, the required hydrogen will be supplied by processing natural gas into hydrogen (and CO2 !!!) but I see that as a short-lived stop gap solution with supply ultimately being provided by electrolysis using solar and wind power.

Detractors will point to the many difficulties to be overcome with storing and transporting hydrogen (but note not in you burning it in your boiler which, as explained above, will be a no-brainer) but these difficulties will and are being overcome.

What surprised me about the panic regarding gas boilers being "outlawed" was that nobody thought about the billions of assets buried under our streets dedicated to delivering gas to the users? Did people really think that the industry would just lie down and accept the abandonment of this without a whimper?

by Beaver

10:14 AM, 8th March 2021, About A year ago

Reply to the comment left by Badger at 07/03/2021 - 12:38
I've just reported this comment to the moderators: It's been posted under my name but I didn't make the comment.

by Badger

11:22 AM, 8th March 2021, About A year ago

Reply to the comment left by Beaver at 08/03/2021 - 10:14
'Beaver' and 'Badger' are quite similar names so the confusion is understandable.

I have often had to look twice at a 'Beaver' comment that I didn't remember posting myself for that very reason.

So, no worries, the system has not gone awry and begun to impersonate you.

by Beaver

12:48 PM, 8th March 2021, About A year ago

Reply to the comment left by Badger at 08/03/2021 - 11:22
Sorry... my mistake 🙂

PS: I have no objection to somebody supplying my house with hydrogen.


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