Budget predictions?

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    Budget predictions?

    Anyone predicting any more bad news for landlords in the budget next week?

    #2
    Suspect middle-class Tories will, in general, be favoured... weird that eh?
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      I'd have thought a number of landlords would be middle class tories, and the last budgets have slaughtered them.

      It's going to favour large corporations and private entity companies.
      And banks and the very rich (like people who own wallpaper companies and those with inherited wealth).

      Higher rate tax band moves up a notch - George has promised to get it to £50k in this parliament.
      Interesting if he delays the tax "change" that's being set up for a judicial review, no one wants to be politically embarrassed by some judges when trying to replace a post EU vote Mr Cameron.
      No one understands SDLT anyway, so that's probably fair game.

      Ending the 25% tax free withdrawal at 55 and further hammering pension tax relief.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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        #4
        No change to CGT?

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          #5
          Landlords family homes will be branded & people can come in & take what they want

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            #6
            Stamp duty 3% premium extended to Corporate BtL is my prediction on the basis that Everyman and dog has been hyping the benefit of property being bought in this form.

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              #7
              There will be very little except hot air in this budget I think, as the government will not wish to upset people prior to the EU referendum.

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                #8
                I think the government has already done this by the changes in taxation and the premium in SDLT and I fear Mr Osborne may not know when to stop digging the hole he has already started in this respect.

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                  #9
                  osborne1.jpg
                  Mending the roof while the sun is shining....
                  When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                  Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

                  Comment


                    #10
                    The Government National Debt is now over £1500 bn compared to around £500 bn level before the banking crisis .

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                      #11
                      In today's budget :

                      Personal allowance after April raised to £11,500 and threshold raised to £45000 for starting of 40% tax rate .

                      Some reduction on capital gains tax for sale of businesses but not sure if applies to residential property ??

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                        #12
                        No it doesnt aply to residential property.

                        No mention of phased tax changes for landlords or is that just a given now??

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