Call for cuts to land­lord taxes

Yorkshire Post - Property - - PROPERTY -

LAND­LORD As­sist, the na­tion­wide ten­ant evic­tion and ref­er­enc­ing firm, is call­ing for the Govern­ment to of­fer greater tax in­cen­tives to land­lords to stim­u­late in­vest­ment in pri­vate rented homes. In­vestors pay in­come tax on rental prof­its and cap­i­tal gains tax on any prof­its made when the as­set is sold.

But with land­lords fac­ing tax bills of up to 28 per cent of the value at the point of sale many are re­luc­tant to re-in­vest back in the mar­ket once they sell their prop­er­ties.

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