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Showing results for tags 'HMRC'.
Very speculative thread. Not so much counting chickens before they've hatched as speculating on the mechanics of their demise whilst it conjectured, but before it arrives. Some thoughts from a conversation. We assume the following: At some point between 2016 and 2020 BCBS risk-weights start to widen the difference between mortgage interest rates on interest-only buy-to-let mortgages and rates on repayment mortgages offered to owner-occupiers, i.e. BTL mortgage rates go up Over the same time scale, Clause 24 of the Finance Act 2015 is applied in its current form turning cash flows on leverage
The BTL story which has it all and the Mayor who just keeps on giving.... They lie to get the loans They don't declare any income to HMRC. They squirm like a squirmy thing to avoid getting caught. This fool deserves everything coming to him.... http://www.telegraph.co.uk/news/uknews/law-and-order/12128815/Lutfur-Rahman-Judge-accuses-disgraced-former-mayor-of-mortgage-fraud-and-tax-evasion.html Schadenfrude is a dish best served cold........