Corona property prices

[Montello]

https://12ft.io/proxy?q=https%3A%2F%...ns-tax-raid%2F


Not goods news for BTL landlords looking to get out of the BTL market.


Not just CGT though

"Mr Hunt is looking at raising the dividend tax rate and a cut to the tax-free dividend allowance in a £1bn-a-year tax raid on pensioners, business owners and the self-employed."

LOL ....

However the Chancellor and Rishi Sunak have agreed that those with the “broadest shoulders” should bear the brunt of efforts to shore up the public finances, Treasury sources said.

Says the multi millionaire who was avoiding tax ...


I can see it now ... they announce an increase in CGT and so there is a stampede to exit, this crashes the market and rents climb even more then ... they come up with some other scheme to recover it ...

To be fair CGT is an easy win as it doesn't cause too much political damage as not many people pay it.