Live_in_hope Posted March 31, 2006 Share Posted March 31, 2006 Whats the rationale behind this, my colleague whom has a large portfolio (18 flats in the SE) is very concerned about this, he thinks the government are looking to take more tax off him, so much he may be forced to sell. Because as he said if you've a tennant whose signed a years contract & this tax come in & the beginning of the tennancy your stumped, you could see -ve yields. Will be very interesting to see what happens though lets be honest 50% of the market in 99 was FTBs now less than 10% so its clear to me the government look on this tax as a nice way to pay for the every increasing jobs in the public sector Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.