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.
2 thoughts on “Tax relief on holiday homes to continue”
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rumble says:
Thieves. Broadband is for entertainment, not worthy of my tax money. Wikipedia, forums, trading, … don’t need broadband.
luckyjim says:
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?