Conservatives Set About Raising Increased
Tax Revenue From Landlords
Before the general election the Conservatives were the only political party to not openly target landlords and property investors with manifesto rhetoric, making them the property professional’s choice for power.
Even before the budget statement was delivered by Mr Osborne, there was plenty of press […]
Landlords Could Be Taxed Out Of The Market
Conservatives Set About Raising Increased
Tax Revenue From Landlords
Before the general election the Conservatives were the only political party to not openly target landlords and property investors with manifesto rhetoric, making them the property professional’s choice for power.
Even before the budget statement was delivered by Mr Osborne, there was plenty of press coverage about the generous tax treatment enjoyed by private rental sector (PRS) landlords and buy to let property investors.
So it was of little surprise that the Chancellor chose to turn to the private rental sector in order to raise some additional revenue for the government.
Spotlight predicted that this would happen after the Conservatives were elected, and this year’s summer budget could be just the tip of the iceberg.
George Osborne’s post election Budget announcement, made earlier in July, contained two important changes to buy-to-let taxation that will impact on portfolio landlords and higher rate tax payers.
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