{"id":100877,"date":"2018-11-03T14:00:06","date_gmt":"2018-11-03T07:00:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-tax-on-landlords-could-cost-them-13000\/"},"modified":"2018-11-03T14:03:31","modified_gmt":"2018-11-03T07:03:31","slug":"budget-tax-on-landlords-could-cost-them-13000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-tax-on-landlords-could-cost-them-13000\/","title":{"rendered":"Budget tax on landlords could cost them \u00a313,000"},"content":{"rendered":"


\nChanges could mean shock for owners who have rented out homes when they come to sellThousands of \u201caccidental landlords\u201d could be clobbered with much higher tax bills when they come to sell their properties as a result of measures in the budget.Based on the government\u2019s own scenario, someone selling a property they once lived in \u2013 but then rented out for a while \u2013 could typically end up more than \u00a313,000 worse off than under the current rules. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Budget tax on landlords could cost them \u00a313,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Changes could mean shock for owners who have rented out homes when they come to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100877","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qf3","jetpack-related-posts":[{"id":63570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-landlords-in-one-london-borough-fail-to-declare-rental-income\/","url_meta":{"origin":100877,"position":0},"title":"Half of landlords in one London borough fail to declare rental income","date":"August 13, 2017","format":false,"excerpt":"\r Newham council says HMRC maybe losing \u00a3200m a year in London alone after finding half of its 27,000 landlords failed to register for self-assessmentUp to 13,000 landlords in just one London borough have been identified as failing to declare their rental income, prompting estimates that unpaid tax in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-landlords-rush-to-sell-amid-fears-of-capital-gains-tax-rise-in-budget\/","url_meta":{"origin":100877,"position":1},"title":"UK landlords rush to sell amid fears of capital gains tax rise in budget","date":"October 16, 2024","format":false,"excerpt":"\r Rightmove says record 18% of homes for sale in September had previously been rented outLandlords in the UK appear to be selling up in record numbers, according to property website Rightmove, possibly driven by fears of a rise in capital gains tax (CGT) in this month\u2019s budget.Figures from the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-greed-has-reached-new-heights-look-at-the-newham-tax-racket-faiza-shaheen\/","url_meta":{"origin":100877,"position":2},"title":"Housing greed has reached new heights. Look at the Newham tax racket | Faiza Shaheen","date":"August 15, 2017","format":false,"excerpt":"\r Thirty years of bad policy have encouraged house hoarding, avarice and the massive accumulation of wealth \u2013 to the detriment of the rest of societyAnother housing scam has been uncovered. Up to 13,000 landlords, almost half of a total of 27,000 in the London borough of Newham alone have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-accused-of-making-up-stories-in-drive-to-change-uk-tax-rules\/","url_meta":{"origin":100877,"position":3},"title":"Landlords accused of \u2018making up stories\u2019 in drive to change UK tax rules","date":"March 3, 2023","format":false,"excerpt":"\r Lobbyist who warned of landlord \u2018exodus\u2019 found to have acknowledged to allies sector is actually growingPrivate landlords have been accused of \u201cmaking up stories\u201d about the state of the rented sector in an attempt to persuade the government to scrap UK tax measures forecast to cost them close to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102433,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-landlords-fined-for-omitting-rental-income-in-tax-returns\/","url_meta":{"origin":100877,"position":4},"title":"Two landlords fined for omitting rental income in tax returns","date":"December 20, 2018","format":false,"excerpt":"\r Both were made to pay penalties for omitting over $650,000 in rental income in their income tax returns.\u00a0 Two landlords, Lim Moy Hai and Chua Kok Khoon, have been fined and made to pay penalties of over $100,000 each for omitting over $650,000 in rental income in their income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lots-of-us-are-very-anxious-why-britains-buy-to-let-landlords-are-selling\/","url_meta":{"origin":100877,"position":5},"title":"\u2018Lots of us are very anxious\u2019: why Britain\u2019s buy-to-let landlords are selling","date":"February 24, 2023","format":false,"excerpt":"\r UK rent and rate rises plus tougher rules are fuelling a crisis for both tenants and owners\u2018Massive shock\u2019: the tenants facing eviction as landlords hike rent or sell upDesigner Philip Harris, 42, who has properties in south and east London, became a landlord by accident after meeting his now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100877"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100877"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100877\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}