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  • Property-a-holics

    Accidental landlords to get a tax hammering

    Interesting news courtesy of the Daily Fail:

    https://www.dailymail.co.uk/money/mortga...-trap.html

    Beware the £470m home rental tax trap: Inherited a house? Moved in with a partner? Relocated for work? You could soon be hit with a big bill

    • Tax relief to be axed for landlords who sell a property that was once a main home
    • The tax grab is expected to raise £470 million for the Treasury over five years 
    • Experts say the move could lead to a rush of house sales over the next 12 months 

    What are the chances of this happening do you think?

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    You would think they had it in for landlords

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    This is a duplicate discussion:

    HMRC has landlords in its sights over PRR

    This thread is now closed to avoid parallel discussions.  Please revert to the above thread if you wish to continue/join the conversation.  Thank you.

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    general operations director, site owner and moderator - propertytribes.com