Thursday, February 4, 2016

Absolute disaster, please respond with anger

Consultation on additional stamp duty for second homes

In this backwards proposal, married couples are treated as individuals and so will pay additional tax if they buy a new home and cannot sell their existing residence on time, with potential for a refund, but where will they find cash for the new tax? Also taxing those who need a second home for work or those who own a property overseas, maybe for family reasons. Meanwhile, the big corporate buy to let companies are EXEMPT from the tax, and unmarried couples can have two principle homes!! They are incentivising big landlords and also making moving house a total chore and creating a massive tax reason to get divorced or not get married. These people are clinically insane. Please let your MP know how angry you are.

Posted by libertas @ 12:35 PM (3276 views)
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