Not a time to be a buy-to-let landlord

lisyloo

westernpromise wrote: »

Much better to add VAT to rents on spaces that I deem needlessly large.

in general landlords do not waste space and neither do tenants especially where there is a housing shortage e.g. London & the SE.
Many of the places I've lived in London are literally a masterclass in miniaturisation, so if it was a serious suggestion then it won't be effective.

Your tone once again is unlikely to influence anyone's thinking in the way sensible debate might.

chucknorris

westernpromise wrote: »

Much better to add VAT to rents on spaces that I deem needlessly large. That should encourage renters to man up and buy.

No reason to limit the Marxism to owners. Renters can be robbed too.

That would really benefit smaller landlords, keeping below the VAT threshold of £82k, and it would work against the larger landlords. If they did that I'd have to sell one property immediately, and more properties, if they considered a spouses properties as part of the same business.

CLAPTON

I wonder would 'smaller' landlords be deemed to need less space?

chucknorris

CLAPTON wrote: »

I wonder would 'smaller' landlords be deemed to need less space?

As wise as westernpromise is, I suspect that customs and excise wouldn't value his opinion on what their VAT rules would be.