no cgt if selling rented property to the tennant

[Billboy1]

this is latest tory wheeze in their manifesto

 

[Kidds]

It is the first bit of positive news that landlords have had for a while.

 

[Nearly]

residential tenants will use it to lowball offer and be a nuisance.

 

[Wooly]

It's surprising what they are all promising, without any hope of delivering it.

Where are all these new doctors, dentists, police and teachers going to come from ? Why can the conservatives promise to cut immigration by half each year now, yet have done fudge all about it for the last 14 years !

 

[Levelsman]

It is the first bit of positive news that landlords have had for a while.

Thought they cut top rate CGT from 28% to 24% in the last Budget.

How much more do you want?
The govt. that just kept giving!

 

[Billboy1]

open to abuse unless theres some sort of clause , for instance rent it to your kids for 6 months then sell it to them and avoid cgt . on the flip side would it apply to aha landlords maybe encourage them to sell ?

 

[Levelsman]

It's surprising what they are all promising, without any hope of delivering it.

Where are all these new doctors, dentists, police and teachers going to come from ? Why can the conservatives promise to cut immigration by half each year now, yet have done fudge all about it for the last 14 years !

Have the Tories got their conscription/national service in the manifesto? - that'll get the blue rinse brigade on side.

 

[serf]

open to abuse unless theres some sort of clause , for instance rent it to your kids for 6 months then sell it to them and avoid cgt . on the flip side would it apply to aha landlords maybe encourage them to sell ?

You just tool my text out of my head

Yep wide open to tax dodge...

 

[Wooly]

I think the Tories will actually have to offer a free house to ever get any chance of forming the next government........... so no CGT will be irrelevant.

 

[serf]

offer a free house

They already do dependant on your criteria ...

 

[yellow belly]

With all laws on tax it depends on the detail of how the law is written

labour now not planning to re aply the 55 % on over the limit tax pots on pension
I suspect because they would not be able to write a law that exempts consultant doctors and the high paid labour voting govenment workers who would go down to 3 days a week to reduce the tax

the extra tax they would take would be minimal as the income from the top part of of the pension would be taxed at the higher rate of 40 % or 45% any way
the tax on pensions would deter more people from saving than the tax they gained