Skip to main content

Tenant Tax Is Lawful

1997 Hits
Tenant Tax Is Lawful

The High Court has rejected a request that the legality of the hated 'Tenant Tax' be tested with a Judicial Review.

We are conscious that many of our members have been badly affected by recent tax changes and angered by the 'Tenant Tax" in particular, which threatens to push even the smallest landlords into the higher tax bracket.

This month the campaign group 'Axe the Tenant Tax" went to London"s High Court to argue the case that there should be a Judicial Review to review the legality of this particular tax, with a view to stopping its introduction all together.

The news is not good, as reported by ITV:

"Private landlords have been refused permission to challenge the legality of proposed changes to the taxation of income from buy-to-let properties.

Landlords' campaign group Axe the Tenant Tax submitted at London's High Court that the changes would be both "unfair and unlawful", and that the case should go to a full judicial review hearing.

However, Mr Justice Dingemans ruled the challenge "arguable" and dismissed it.

The changes, which are due to come into force in 2017, would stop landlords being able to claim buy-to-let costs - largely mortgage interest payments - as a business expense."

If you are still unsure how these changes will affect you, use our simple calculator here: http://www.pdpla.com/income-tax-calculator-post-2015-budget

Tweet
Government Plans to Extend HMO Licensing & Limit S...
One In Seven Tenants Break Tenancy Rules

About the author

Martin Silman

Martin began his landlord journey 18 years ago, while working in an international role for a global telecommunications company. Since retiring he has extended his portfolio, which he manages with his wife, but has always focussed on the ‘small student HMO’ sector preferring to offer homes in the community for small groups to the more common ‘pack them in and take the money’ mentality. He has chaired the PDPLA for the past 9 years and has overseen the Associations transition from small local self-help group to a much larger and more professional institution which is recognised and listened to nationally. Alongside his PDPLA role, he also has leadership roles in a number of other local organisations – bringing his unique perspective, driving for change and increased use of technology while respecting the history that brought us here.

Related Posts