Official Summer 2015 Budget Thread

[TheFaQQer]

And a U-turn on student fees from that announced in 2012, including a retrospective change.

Who'd have thought this government would introduce retrospective changes?

[TheFaQQer]

Here it comes, Dim...

[tomtomagain]

Here it comes, Dim...

Partial removal of tax relief on mortgage repayments for BTL.

Makes sense.

[TheFaQQer]

Dividends about to get ****ed.

[tomtomagain]

here comes a change to Dividends!

[barrydidit]

Partial removal of tax relief on mortgage repayments for BTL.

Makes sense.

[BrilloPad]

Partial removal of tax relief on mortgage repayments for BTL.

Makes sense.

Mortgage interest relief will be restricted to the basic rate of interest

Its a start...

[anonymouse]

Partial removal of tax relief on mortgage repayments for BTL.

Makes sense.

Mortgage interest payments can be offset against income for buy-to-let landlords, an unfair advantage over people buying homes to live in, he says. This has fuelled buy-to-let mortgages, which are now 15% of the market. Mortgage interest relief will be restricted to the basic rate of interest, he says. Room rental tax relief will be raised to £7,500.

[escapeUK]

There's a lot in this budget that we need to understand.

[tomtomagain]

Well everyone else is getting screwed. It's only fair :-)