Tuesday, 31 July 2012

More ideas from the government to make it tough for landlords!!

Plans to abolish 6-month council tax break on empty homes could hit landlords
Currently, if tenants leave an unfurnished property, the landlord benefits from a six-month council tax break.
Under the Localism Act, the Government is proposing to replace it with a clause that would let local authorities charge whatever they wanted on empty homes for the first six months.
Nor is it simply landlords who will feel the pinch. Vendors who fail to sell quickly could find themselves paying tax on two properties.

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