When George Osborne says this: |
What he means is: |
tax relief |
legitimate business expense |
will make the tax system fairer |
will make the tax system less fair, and more complex |
wealthiest Landlords |
most indebted Landlords |
level the playing field |
favour my big business friends or distort the Private Rented
Sector even more |
turn generation rent into generation buy |
make renters that cannot afford to buy homeless and ride an
anti-landlord bandwagon to gain cheap votes |
allow Landlords to adjust their business models |
evict tenants and sell up or increase rents |
OBR has endorsed this assessment |
OBR has not fully researched the impact of Clause 24 either |
a more professional private rental sector |
a private rental sector owned and run exclusively by Tory donors |
will unify the tax treatment of finance costs |
will introduce a hitherto unheard of ways to calculating business
profit |
create a new centre ground |
stab existing Conservative voters in the back |
By April 2020, only 10% of individual landlords will see a tax
bill increase greater than £500 |
I failed Maths “A” level and Economics, but a 2:1 degree in History
means I’m well qualified to be Chancellor. |
do not expect the change to have a large impact on either house
prices or rent levels |
we
haven’t a clue (sorry we have not researched this at all), so it’ll be
popular to say it won’t have any effect on Tenants or the housing market. |
ensures that all companies are excluded from the restriction |
won’t hurt
my corporate buddies (who are going to give me a nice cosy Directorship after
I leave public office). |
create a property-owning democracy |
concentrate property ownership among institutional investors and
destroy the affordability of renting even further |
we are the builders |
we are in the pocket of the builders |
democracy |
to the highest bidder go the spoils |
First Time Buyer |
snivelling little peasant with the future opportunity to vote |
security, stability, opportunity |
vested interests, vested interests, vested interests |
snivelling parasite ** |
someone who risks their own capital to provide a home for people who
cannot/do not want to borrow to buy, for a modest return |
Please pass on my thanks to XXXXXXXX for taking the trouble to
make us aware of these concerns |
I am trying to win first prize for condescension. |
** We are
indebted to Councillor Chris Devine of Wiltshire Council for this definition