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New government policy: Will buy-to-let investors lose out?

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Doctor_Gloom wrote: »
    Are you seriously claiming not to have written those words? I'm not the only person to have seen them, 'hallmark' obviously did too.

    I hit the quote button before you had the chance to edit your post. And submitted my post after you had edited yours which fully explains the timings.

    Likely story, you would have to be the worlds slowest typist, wouldn't want you in the typing pool.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • 97trophy
    97trophy Posts: 915 Forumite
    carolt wrote: »
    "Capital gains tax will be raised in a new government policy to be included in an emergency budget. This could see a flood of properties for sale as buy-to-let investors look to beat the rise.

    That sounds like wishful thinking...this may just have the reverse effect of buy-to-let investors postponing supply thus pushing prices even higher. We just don't know.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    Likely story, you would have to be the worlds slowest typist, wouldn't want you in the typing pool.

    Theres no point really arguiong this is there. Other posters saw it.

    Plus, how many times have you started typing something, got distracted, and come back?

    Actually, your probably going to tell me never, right?

    Even the edited post points towards basic fraud.
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    chucky wrote: »
    ...

    the other option that you have is run the BTL properties out of a Ltd Co - CGT is much lower there. you're also able to avoid paying large amounts of income tax and national insurance by paying yourself dividends instead.

    there's always a way around all of these little changes in the law :)

    To be honest - that's always the approach that my own accountant has advised


    I don't really see that there's much to be worried about in a rise in CGT - in fact I think it only fair and equitable that it be at the same level as higher rate income tax.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Even the edited post points towards basic fraud.
    i'd expect nothing else... a likely comment...

    so what's your view on the CGT tax changes on property... or is that not important
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    i'd expect nothing else... a likely comment...

    so what's your view on the CGT tax changes on property... or is that not important

    Stop rattling that cage. I have a headache.
  • purch
    purch Posts: 9,865 Forumite
    Doctor_Gloom wrote: »
    Oh dear. Prat Alert.

    No need to be rude :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nollag2006 wrote: »
    To be honest - that's always the approach that my own accountant has advised


    I don't really see that there's much to be worried about in a rise in CGT - in fact I think it only fair and equitable that it be at the same level as higher rate income tax.
    the highly un-educated Professor of Devonian Economic Theory thinks this is fraud...

    he obviously doesn't understand what an accountant does... best report every accountantfor fraud then :eek:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    So accountants tell you to pretend?

    New one on me!
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Doctor_Gloom wrote: »
    Oh dear. Prat Alert.
    lucky this post got caught in the cache - where's this one got to queen of edits or should i call you Doctor Edit
This discussion has been closed.
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