Landlords will be offered capital gains tax exemption by Conservatives
Posted by Kenobi_High_Ground
Landlords will be offered capital gains tax exemption by Conservatives
Posted by Kenobi_High_Ground
10 Comments
>The move will cost around £20 million which means that not many landlords will benefit, and the average investor will save around £21,000 in CGT.
£20m/£21k = 952
So 952 houses a year? This isn’t policy it’s bollocks
> However, the exemption will only be for those landlords who sell their property to a sitting tenant.
That’s interesting actually. Can see that being abused
This makes a good sound bite but doesn’t address the number of available homes. Just who owns them
The government needs to address all the empty flats above shops. In my area there are a couple of Tesco express shops with empty flats, one a shop they bought that used to have tenants above and the other a pub conversation. There is a Lidl that was built on the condition of having flats above it, but they have never been occupied and now the external stairway access has been blocked off.
There must be hundreds and hundreds of similar properties stood empty around the country. I know that councils can now charge accounts or tax on them, but that doesn’t put a roof over someone’s head.
Jeremy Hunt is preparing to sell some of his properties?
Yes because incentivising people treating housing as an investment will surely allow more people to own their own home.
How tone deaf can you be?
Just tax all profit from rent at 90%. The leeches are already making a killing off house price inflation.
What’s the betting on the next desperate election bribe?
They’ll do anything except allow people to build more homes.
Jesus can the conservatives come up with any policies that aren’t a total clusterfuck
God I hope people don’t fall for this election promise bullshit
They’ve been in power for 14 years, if they were actually going to do any of this they would have done it already
So rather than fixing the housing crises by creating more affordable supply. The solution is to give landlords more money. This is without a doubt the most Tory solution.