March 15, 2017 jim1

A missed opportunity

The budget last week appears to have raised a storm in some areas, such as the increase in N.I. contributions for the self employed. For the property world and those interested or engaged in it however it was a non event, leaving in place the taxes introduced by his predecessor which targeted small and individual property investors.

The hope in the Buy to Let investor world was that some relief from the previous years changes would be offered by the new Chancellor.

 

The article in the link from Simply Business below just about sums up the thoughts of these investors, and reflects the disappointment felt at a missed opportunity to correct failing policies.

 

http://www.simplybusiness.co.uk/knowledge/articles/2017/03/philip-hammond-2017-spring-budget-quiet-for-buy-to-let-landlords/?ref_id=landlord25&utm_source=email&utm_medium=budget2017&utm_campaign=mar17landlord