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  • Tax

    Lettings relief and PPR relief reform for LL?

    Reform property taxation to limit demand for housing and land as speculative assets. Divert new housing supply to owner occupation. Cut other taxes to encourage investment into businesses and more productive assets. On a grandfathered basis, end loopholes within the Capital Gains Tax (CGT) exemption for the primary residence and reform mortgage interest relief for landlords.

    Edit - onward report discussed in detail - see Vanessa link further down.

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    Coming soon Investorsk8.com

    Wisdom - an integration of knowledge, experience, and deep understanding that incorporates tolerance for the uncertainties of life as well as its ups and downs. 

    good to see grandfather rights in there

    It would be welcomed if they allowed us that now

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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.

    At a quick glance it doesn’t appear to take account of the switch of buying via a company.

    A simpler solution would be to restrict borrowings for buy to let either individually or via a company.

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    An interesting report. It could be assumed that the government intends to severely restrict private rented residential accommodation in order to promote home ownership. But the government also seems to be encouraging BTR, at least at a local level. Left hand - right hand?

    https://www.ft.com/content/633ad0e0-3e74...94fa33a81e

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    they would argue build to rent increases supply of housing whereas btl doesn't (at least not so directly), hence the policies are not contradictory.

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