{"id":37675,"date":"2016-12-10T14:00:07","date_gmt":"2016-12-10T07:00:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-healthy-buy-to-let-profit-could-soon-become-a-painful-loss\/"},"modified":"2016-12-10T14:01:09","modified_gmt":"2016-12-10T07:01:09","slug":"how-a-healthy-buy-to-let-profit-could-soon-become-a-painful-loss","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-healthy-buy-to-let-profit-could-soon-become-a-painful-loss\/","title":{"rendered":"How a healthy buy-to-let profit could soon become a painful loss"},"content":{"rendered":"


\nMajor 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 was claimed this week. Some landlords enjoying four-figure net annual profits could end up nursing losses \u2013 and if interest rates rise this will make the situation even tighter.It was in July 2015 that George Osborne mounted a surprise raid on mortgage tax breaks. He announced a cut in tax relief on mortgage interest payments for buy-to-let landlords, with the changes phased in gradually between April 2017 and April 2020. Continue reading…
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\nSource : theguardian.com
\nRead more…How a healthy buy-to-let profit could soon become a painful loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Major changes to the way income from property rentals is taxed could see some people...<\/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-37675","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\/p75ss1-9NF","jetpack-related-posts":[{"id":50580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-tax-relief-cut-doesnt-add-up-for-buy-to-let-landlords\/","url_meta":{"origin":37675,"position":0},"title":"Mortgage tax relief cut doesn\u2019t add up for buy-to-let landlords","date":"April 1, 2017","format":false,"excerpt":"\r Tenants are being turfed out as tax changes beginning in April make it increasingly hard for owners to profitToday will see two of buy-to-let landlord Jamie Brewis\u2019s tenants \u2013 a couple in their 60s \u2013 having to move out of the bungalow that has been their home for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/osborne-drops-tax-bombshell-that-will-wipe-out-bulk-of-buy-to-let-profits\/","url_meta":{"origin":37675,"position":1},"title":"Osborne drops tax bombshell that will wipe out bulk of buy-to-let profits","date":"July 11, 2015","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-we-landlords-are-being-vilified\/","url_meta":{"origin":37675,"position":2},"title":"Buy to let: \u2018We landlords are being vilified\u2019","date":"December 10, 2016","format":false,"excerpt":"\r With a lending crackdown and a massive tax hike due, many landlords could soon find themselves moving from profit to lossRob Hill is angry that his tax bill will go up \u00a33,000 from April. Chris Cooper is furious that his personal tax bill will nearly double. Other landlords say\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-lose-legal-challenge-over-buy-to-let-tax-changes\/","url_meta":{"origin":37675,"position":3},"title":"Landlords lose legal challenge over buy-to-let tax changes","date":"October 6, 2016","format":false,"excerpt":"\r Cherie Booth thwarted in attempt to secure judicial review Landlords represented by Cherie Booth QC have failed in their legal battle against a planned government tax increase on buy-to-let properties.The landlords argued that new rules, to be phased in from 2017, amounted to an unfair tax on tenants because\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-scramble-to-avoid-higher-buy-to-let-taxes-report-finds\/","url_meta":{"origin":37675,"position":4},"title":"Landlords scramble to avoid higher buy-to-let taxes, report finds","date":"December 2, 2016","format":false,"excerpt":"\r Report reveals landlords are forming limited companies or planning to hike rents to negate new tax rates as average UK rent hits record \u00a3881 per monthBuy to let landlords are scrambling to avoid the impact of tax changes that come into effect next year, a report has found.The Buy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139257,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-in-yorkshire-abandon-buy-to-let-market-over-high-interest-rates\/","url_meta":{"origin":37675,"position":5},"title":"Landlords in Yorkshire abandon buy-to-let market over high interest rates","date":"September 21, 2023","format":false,"excerpt":"\r What was once a lucrative investment for those with spare funds has become a headache amid higher borrowing costsBusiness live \u2013 latest updatesAfter years of witnessing landlords piling into the Yorkshire buy-to-let market, Bruce Collinson\u2019s estate agency has seen an exodus of late.What was once a lucrative investment for\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\/37675"}],"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=37675"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37675\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}