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  • Tax

    The expansion of Ltd Co Landlords

    Richard Leonard (Scottish Labour leader) appears to believe a rogue landlord is one who charges a market rent.

    He said: “We have seen the return of private landlordism and rents have soared whilst wages have stagnated.

    “According to the Scottish Government’s own figures, over forty per cent of all children, living in the private rented sector are now living in poverty.

    “That is 60,000 children.

    “Next week Labour will take the next step in the parliamentary process with our Mary Barbour law. 

    “We think that private rent rises should be capped and controlled. So Nicola Sturgeon has a choice, will she take the side of rogue landlords and a broken housing market – or she can back Labour’s plans, and back our Mary Barbour Bill.”

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    Won't tax be made digital soon for all landlords, whether incorporated or not?

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    it will come

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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.

    We will be treated as a Business when it comes

    we are moving away from BTL as an investment to a new world of Business

    The sooner our sector relises this the better in my opinion



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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.


    Ok and agreed Peter.  Thanks for that.
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    Pete

    The Astute Landlord