'Million' new homes target declared by minister Brandon Lewis

[_V_]

Couldn't you sell your home to an offshore registered company and rent it back to yourself if they did that

Property developers and IT workers lose '5pc income tax' fight - Telegraph

Property developers and IT contract workers must now pay tax bills of more than £100,000 after a tribunal victory by HM Revenue & Customs confirmed it could apply anti-avoidance laws retrospectively.

More than 2,000 people are facing tax demands totalling £200m, having used entirely legal schemes in the early 2000s to avoid paying UK income tax, now banned.

British workers could legally set up an offshore partnership in the Isle of Man in order to reduce their rate of income tax to just 5pc. The Government closed the loophole in its "double-tax" agreement with the self-governing dependency in the 2008 Finance Act.

Doesn't always save you money in the long run....

[DodgyAgent]

How? A day or so earlier came this report: Shortage of skilled workers holding back efforts to tackle Britain

Give the immigrants a hammer and a trowel and they can build their own homes

[MicrosoftBob]

Couldn't you sell your home to an offshore registered company and rent it back to yourself if they did that

[DodgyAgent]

My target is to earn a million pounds this year.

If I could another 9 like you I could do the same and not have to do any work

[Martin@AS Financial]

"Cameron Pledges U.K. ‘Turnaround Decade’ With Homebuilding Boost"

(Taken from Bloomberg News - Cameron is aiming for 200,000 “starter homes” to be constructed by 2020)




Cameron Pledges U.K.

[PurpleGorilla]

Shortage of houses to home arriving immigrants....
Shortage of skilled workers to build houses for arriving immigrants...
Skilled immigrants arriving to build houses for arriving immigrants...
Houses needed to house skilled immigrants arriving to build houses for arriving immigrants...

"imputed rent" boosts GDP to highest in G7. Economy fixed, I fank you, Osborne and Dave take a bow and shag a pigs head.

I wonder what would happen to RPI and CPI if they added rent/mortgage repayments in.

Including Inputted rent into GDP but not CPI is disingenuous.

[DimPrawn]

Shortage of houses to home arriving immigrants....
Shortage of skilled workers to build houses for arriving immigrants...
Skilled immigrants arriving to build houses for arriving immigrants...
Houses needed to house skilled immigrants arriving to build houses for arriving immigrants...

"imputed rent" boosts GDP to highest in G7. Economy fixed, I fank you, Osborne and Dave take a bow and shag a pigs head.

[darmstadt]

How? A day or so earlier came this report: Shortage of skilled workers holding back efforts to tackle Britain

[OwlHoot]

“Imputed rent” is a hypothetical calculation of how much owner-occupiers would pay if they actually paid rent to a landlord. ...

How long before this starts being taxed as "imputed income" (as it was until the 1960s I think) ?

[DimPrawn]

So what's it really all about?

Press | New Economics Foundation


Inclusion of how much home-owners would pay if they actually rented boosted UK GDP in 2014 by £158bn – a 8.9% share
Rent and “imputed rent” has almost doubled as a share of UK GDP since 1985 to 12.3% in 2014, overtaking manufacturing

The UK’s figure for rent as a share of GDP is the highest of the G7 group of major economies, undermining claims of real economic recovery.

“Imputed rent” is a hypothetical calculation of how much owner-occupiers would pay if they actually paid rent to a landlord. Its inclusion means that rising property prices directly contribute to what we measure as GDP.

Inclusion of this imputed rent for the UK alone added an astonishing £158bn to the official GDP figure for 2014 – a 8.9% share. But none of this is real economic activity. It is a statistical convenience that artificially boosts the GDP figure.

And that folks is what the immigrant, house building, house price, ponzi scheme is all about....

[DimPrawn]

National house price to hit £300,000 by year end - Telegraph

[DimPrawn]

Full story here:

'Million' new homes target declared by minister Brandon Lewis - BBC News

One BTL for each boomer to home an average five immigrants.

Win-win.

[VectraMan]

My target is to earn a million pounds this year.

[Martin@AS Financial]

Full story here:

'Million' new homes target declared by minister Brandon Lewis - BBC News