Wednesday, April 7, 2010

Tax relief on holiday homes to continue

Plans for broadband tax delayed

A third measure announced by Chancellor Alistair Darling in March's budget to scrap tax relief on letting holiday homes - raising 25 million pounds in 2011/12 and 15 million pounds in 2012/13 - will also be shelved until after the May 6 election. If Labour hold on to power, the broadband tax and holiday home measure will be reintroduced in a second finance bill and the party will look to extend the cider duty increase. The Conservatives, ahead in opinion polls, say they have alternatives to all three measures.

Posted by luckyjim @ 11:47 AM (824 views)
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2 thoughts on “Tax relief on holiday homes to continue

  • Thieves. Broadband is for entertainment, not worthy of my tax money. Wikipedia, forums, trading, … don’t need broadband.

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  • I thought it was more interesting that the Tories would not agree to honour the removal of tax relief of 2nd homes – hence the legislation could not be pushed through. The Torys have ‘alternatives’. I wonder what the alternatives to scrapping tax breaks for rich people might be. Hmm. Keeping tax relief for rich people perhaps?

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