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Taxman to target landlords
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Just had to laugh on reading 'HM Revenue and Customers'. You just cannot get good journalism nowadays. -
And all corresponding costs will, of course, just be passed on to tenants.
My all-time favourite Dilbert cartoon, this is: BTW, a Dumpster is a brand of skip, I think.Comment
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Originally posted by RichardCranium View PostAnd all corresponding costs will, of course, just be passed on to tenants.
There is such a thing called a market you know - that is what regulates prices, just the same as many contractors are finding out in rate cuts etc.
Will probably mean more LL selling up, depressing house prices, which is good news for most people.Comment
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It's a means of targeting Landlords who evade tax.
Landlords who fully declare their rental income would not be affected.
Bad headline. Bad journalism.
You've come right out the other side of the forest of irony and ended up in the desert of wrong.
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Originally posted by Turion View PostWhat, you mean the cost of the landlord having to pay his taxes
All this money laundering and ID bollocks has added £200 to £350 to the cost of moving in to a rented property. The landlord doesn't get that, the agencies are paying £7 for a credit check (yes, just £7) and a phone call for a reference and pocketing the difference.
This will probably add another £50 or £100.
My all-time favourite Dilbert cartoon, this is: BTW, a Dumpster is a brand of skip, I think.Comment
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Originally posted by RichardCranium View PostAnd all the record keeping and filing the agencies have to do.
All this money laundering and ID bollocks has added £200 to £350 to the cost of moving in to a rented property. The landlord doesn't get that, the agencies are paying £7 for a credit check (yes, just £7) and a phone call for a reference and pocketing the difference.
This will probably add another £50 or £100.
If agents get too expensive, loose 'em. I repeat again, it's the market, stupid.Comment
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Originally posted by bogeyman View PostIt's a means of targeting Landlords who evade tax.
Landlords who fully declare their rental income would not be affected.
Bad headline. Bad journalism.
The article was a waste of electronic paper it was written on."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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