{"id":1819,"date":"2015-07-11T13:00:07","date_gmt":"2015-07-11T06:00:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/osborne-drops-tax-bombshell-that-will-wipe-out-bulk-of-buy-to-let-profits\/"},"modified":"2016-01-18T07:59:00","modified_gmt":"2016-01-18T00:59:00","slug":"osborne-drops-tax-bombshell-that-will-wipe-out-bulk-of-buy-to-let-profits","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/osborne-drops-tax-bombshell-that-will-wipe-out-bulk-of-buy-to-let-profits\/","title":{"rendered":"Osborne drops tax bombshell that will wipe out bulk of buy-to-let profits"},"content":{"rendered":"


\nThe chancellor\u2019s speech contained a number of surprises, but for landlords it was a particular shock. We look at the impact on property investors\u2019 pocketsBritain\u2019s two million buy-to-let landlords could see at least half of their profits wiped out by the chancellor\u2019s surprise raid on mortgage tax breaks in this week\u2019s budget.Early figures prepared for Guardian Money by reputable lenders and mortgage brokers indicate the devastating impact that the cut in tax relief from 40% to 20%, to be phased in from April 2017, will have on returns. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Osborne drops tax bombshell that will wipe out bulk of buy-to-let profits<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The chancellor\u2019s speech contained a number of surprises, but for landlords it was a particular...<\/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-1819","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-tl","jetpack-related-posts":[{"id":37675,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-healthy-buy-to-let-profit-could-soon-become-a-painful-loss\/","url_meta":{"origin":1819,"position":0},"title":"How a healthy buy-to-let profit could soon become a painful loss","date":"December 10, 2016","format":false,"excerpt":"\r Major changes to the way income from property rentals is taxed could see some people paying up to three times more. We do the mathsThe amount of tax owed by many buy-to-let landlords will double or even triple as a result of changes being phased in from April, it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-lobby-accuses-osborne-of-outright-assault-on-the-sector\/","url_meta":{"origin":1819,"position":1},"title":"Buy-to-let lobby accuses Osborne of 'outright assault on the sector'","date":"March 17, 2016","format":false,"excerpt":"\r Budget measure exempting buy-to-let landlords from capital gains tax cut branded as a direct attacks on landlordsA surprise reduction in capital gains tax has been welcomed by investors but is expected to prompt outrage from buy-to-let landlords after residential property was exempted from the changes.The headline rates of CGT\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-holiday-boosts-buy-to-let-landlords\/","url_meta":{"origin":1819,"position":2},"title":"Stamp duty holiday boosts buy-to-let landlords","date":"July 10, 2020","format":false,"excerpt":"\r Property investors set to benefit from tax savings announced in the chancellor\u2019s summer statement\r \r Source : ft.com\r Read more...Stamp duty holiday boosts buy-to-let landlords","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44916,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-tax-measures-will-target-rental-profits-putting-the-brakes-on-the-buy-to-let-market\/","url_meta":{"origin":1819,"position":3},"title":"New UK tax measures will target rental profits, putting the brakes on the \u2018buy to let\u2019 market","date":"February 21, 2017","format":false,"excerpt":"\r United Kingdom tax legislation is becoming ever more complex. Property ownership as an investment has been the focus of several recent legislative changes in an effort to cool the housing market, and most of these are designed to discourage buy-to-let investment. For landlords living outside the UK, such as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-next-for-buy-to-let-landlords-struggling-to-make-ends-meet\/","url_meta":{"origin":1819,"position":4},"title":"What next for buy-to-let landlords struggling to make ends meet?","date":"December 12, 2015","format":false,"excerpt":"\r Ajay Ahuja has made millions from investing in property \u2013 but now he\u2019s selling up. Will others follow suit as recent tax increases start to bite? We investigateMany of Britain\u2019s biggest buy-to-let landlords are planning to sell off their homes, blaming George Osborne for effectively raising their tax rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-decline-following-rush-to-beat-new-property-tax\/","url_meta":{"origin":1819,"position":5},"title":"UK house prices decline following rush to beat new property tax","date":"May 9, 2016","format":false,"excerpt":"\r UK house prices fell in April after a surge of rental investors rushing to beat a tax change bolstered the market earlier in the year, according to the Halifax.Average values dropped 0.8 per cent from March, the mortgage lender said on Monday. That reduced the annual gain to 7.8\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\/1819"}],"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=1819"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1819\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}