© G Chilvers 2016
It is unlikely that the Government will completely change their mind and not implement this tax in some form.
In our opinion it needs to be more focused on the problem that it is suppose to address.
The Government laudably claims this tax is being introduced to reduce the tax incentive
to BTL Landlords and thus make it fairer for first-
This should be a Property Tax Relief Restriction. Not a Landlord Tax Relief Restriction. It needs the clause
Mortgage Tax Relief is limited to the basic rate on all residential property that is purchased after “1st Jan 2016” , that has four habitual rooms or less and is in Council Tax “E” banding or lower.
Please download the attached statement, modify it as you like and send it on to your local M.P. By post or email. We must get this point across.