Private Rented Sector Buy to Let Consultants
Now that capital gains tax (CGT) is mostly just a tax on inflation not real capital gains, perhaps it should be renamed “inflation tax”? We know our government is short of cash. When was it ever not? The state’s debt burden is now a little over £2,540 billion or to put it another way, 101 per cent of the nation’s […]
Read moreDavid Lawrenson of LettingFocus sees some positives from what appears to be a gloomy year for landlords. The Future for Buy to Let Landlords It’s been a funny year for so called “buy to let” landlords. They have been clobbered by George Osborne’s hikes to Stamp Duty Land Tax (SDLT) – a special tax designed just for pesky “Mom and Pop” landlords. Interestingly, […]
Read moreFor those that don’t know, here is how politics works…. Private Letting Relief Will be Axed The government puts out in a series of “half leaks” that it is looking at eliminating or cutting the amount of buy to let mortgage and other loan interest and fees that a landlord can offset against rent. This is what they are doing now – and […]
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