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National Landlords Association

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The government should promote growth in the industry and remove disincentives to investment. It could do this by encouraging a long-term view and good business practice through a fair and equitable tax regime. Rental income is taxed as unearned income. Landlords can offset it against letting agents' fees but get no relief if they manage their properties themselves, however hard they work. The capital-gains tax liability on disposal of a property can act as disincentive to move investments from areas of low demand to higher-demand areas. Some form of roll-over relief might be considered. On the plus side, credit is due to the government for its plans to allow new residential property to be included in self-invested pension plans (SIPPs) after April 2006. The NLA does not propose knee-jerk action but suggests that, as a first step, an economic assessment of the taxation of let residential property should be undertaken.

:lol::lol::lol::lol:

http://www.landlords.org.uk/pdf/Towards%20...%20Aug%2005.pdf

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From the article "Rental income is taxed as unearned income." Priceless it is unearned income you muppet! Even more priceless "however hard they work." what hard work.

We have a devine right to make unearned money out of the others without working for it!. ****'s.

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From the article  "Rental income is taxed as unearned income."  Priceless it is unearned income you muppet!  Even more priceless  "however hard they work."  what hard work.

We have a devine right to make unearned money out of the others without working for it!. ****'s.

But much worse, ALL profit, paper or cashed, from EVERYONE's housing is unearned, but 99% of the British public think that property produces magic profit from some grotto. They have no concept that someone else has to pay for it.

VP

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Landlords can offset it against letting agents' fees but get no relief if they manage their properties themselves, however hard they work.

Unbelievable !

By not using a letting agent they are saving the agents fees and are thus rewarded by making higher profits.

So now they want to be rewarded for this twice ?!

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  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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