Originally posted by ChimpMaster
View Post
BADR might take a hit, from what I'm hearing from such highly rated places such as TikTok, GB News and at the docks. I'm glad I managed to retire from contracting (though I miss it dearly) and claim the full tax relief while it was available.
In terms of property, I've heard NI on rental income is highly likely (but we're not working people, so how can we pay NI?
). And also the possibility that the 20% tax credit being abolished on BTL mortgages/financing. Ironically this will just lead to even more rent rises, due to further reduced supply and increasing costs for landlords.
In terms of property, I've heard NI on rental income is highly likely (but we're not working people, so how can we pay NI?
). And also the possibility that the 20% tax credit being abolished on BTL mortgages/financing. Ironically this will just lead to even more rent rises, due to further reduced supply and increasing costs for landlords..But, as a Treasury official, you probably don't ditch the name Entrepreneur's Relief and replace it with an acronym that starts with "BAD" unless you have a long-term plan...
Comment