#TenantTax Summit Report and Action Plan

by Chris Cooper

8:00 AM, 15th June 2016
About 2 years ago

#TenantTax Summit Report and Action Plan

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#TenantTax Summit Report and Action Plan

TenantTax Summit Report and Action Plan

Myself and Steve Bolton would like to thank everyone who attended and supported the Tenant Tax Summit in London.

It was an amazing day with around 600 landlords and industry stake-holders in attendance.

Agendas and differences were put aside for the great good of landlords!

Property Tribes were able to get two fantastic “star power” interviews with Cherie Blair MBE and Lord Howard Flight.

My co-claimant Steve Bolton, explained the aim of the event and how landlords can get involved:

Stephen Johnson, M.D. of Shawbrook Bank and supporters of the Summit, gave a talk on BTL lending trends.

Gold medal Olympian, Kriss Akabusi closed the proceedings with a hugely inspirational talk about the importance of team work and what can be achieved when everyone in the team believes in the end outcome.

You can find a full review of the event on Property Industry Eye:

Hundreds cram into rally protesting against landlords’ change of tax treatment

A “social media kit” has also been prepared and we would like to urge all Property118 members to support the distribution of it.

It is believed that 97% of the U.K.’s 2 million landlords have 3 properties or less and are likely not engaged on landlord issues on a daily basis. These are the landlords we need to make aware of Section 24 and bring their vast numbers into our campaign!

Below, we have created a social media press kit for you to use:

The four key platforms recommended to be used are:

  • Facebook
  • Twitter
  • LinkedIN
  • Forums and communities such as moneysavingexpert.com, fool.co.uk, etc.

We need you to create content, share content, and amplify content to reach as many landlords as possible.

To make this as easy as possible, we have created a raft of ready-made status up-dates for you to share across the web – especially Facebook and twitter.

Simply cut and paste the below messages onto your timelines:

New Tenant Tax means half a million buy-to-let properties could be sold says @nationallandlord #landlordsfightback http://bit.ly/1qotysj

Will the new Tenant Tax deter investment in buy-to-let sector? 86% of landlords think so http://bit.ly/1SMrKAo #landlordsfightback

#Property Tribes EXCLUSIVE: Interview with Cherie Blair MBE QC on Judicial Review of Clause 24 ow.ly/LgUm3015s7F @TenantTax

Number of London landlords looking to sell has quadrupled since Summer Budget @TheMoveChannel #landlordsfightback http://bit.ly/1N87Rr2

Rents will rise, supply will fall and tenants could be made homeless. Help abolish the Tenant Tax http://bit.ly/1S6DL3T

Landlords! Stand together to fight the Tenant Tax – Section 24. Help @tenanttax take the Government to court .http://bit.ly/1S6DL3T

Thousands of landlords will be taxed on loss-making properties. Help @tenanttax take the Government to court. http://bit.ly/1S6DL3T

Landlords with 40pc equity and a 3pc fixed mortgage would be making an average annual loss of £325 by 2020 http://bit.ly/1oSj98e

According to @SpareRoomUK stats, nearly half of tenants will face higher rents as a result of new buy-to-let tax http://bit.ly/1SzzcOY

Are you a landlord? Join the Tenant Tax Facebook group and share it with your friends to educate about Clause 24 http://ow.ly/D4Nk3013U8I

Landlords unite! Support the Judicial Review of Section 24 to abolish tenant tax http://ow.ly/xIyn3013UEr #property @TenantTax

Landlords! Find out more about the @RLA_News campaign against Clause 24 a.k.a. the tenant tax http://ow.ly/a6ci3013V4H

Landlords! Do not be complacent! Section 24 is a threat to your business. Help @tenanttax take Government to court. http://bit.ly/1S6DL3T

Like and share

Please like and share the Tenant Tax Facebook page

https://www.facebook.com/clause24/

Other actions

Please make use of the resources provided by the Residential Landlords Association:

Visit and share the RLA Section 24 campaign page.

http://www.rla.org.uk/landlord/lobbying/tax/index.shtml?ref=current-activity

Your voice can make a difference, which is why we need you to speak to your MP about how you will be affected by the changes. Act now:

Meet your MP

Write to your MP

If you have not already done so, please pledge your support:

Crowd Justice Tenant Tax Fund Raising Page

https://www.crowdjustice.co.uk/case/tenanttax/

This is not a time for complacany or apathy. The majority of landlords are sleepwalking towards disaster! ALL landlords and tenants will be affected by this tax and we urge you to stand up and unite with other landlords against this unfair regime.



Comments

BTL INVESTOR SCOTLAND

15:23 PM, 18th June 2016
About 2 years ago

This is really helpful information Chris, thanks for posting. There has been good press coverage of the campaign since in summit - lets keep the momentum going.

Mandy Thomson

11:06 AM, 21st July 2016
About 2 years ago

I believe Lord Flight is correct when he says MPs are largely unaware of Clause 24, still less the potential devasting impact on housing supply and the incomes of small hard working business people providing an essential service.

We landlords could start by giving it its proper title, "Clause 24 of the Finance Act 2015" (even I had to go away and look it up!). If any MPs are reading this, their first thought will be "Clause 24? What's that? I dunno, I've got more urgent stuff to deal with!". By spelling it out clearly, at least they know what to look for on the House of Commons database.

Clause 24 is just one part of the Act, and when MPs voted on it I believe most of them just thought they voting about VAT etc.


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