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Nicholas Mattison

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Hi there I think this story has got lost in translation. Stephen Ludlow was actually saying that the Government should not reduce the tax allowances associated with BTL. He was explaining that the ability of landlords to offset their allowances against taxable income is essential if you want to attract more investment into the private housing stock (disclosure, we act for LT)

From: Nicholas Mattison 01 February 2019 09:50 AM

Just to clarify, the research by ludlowthompson was very clear in stating that that these tax reliefs are legitimate and the Government has been wrong in reducing tax allowances to BTL landlords. The whole point of the argument by Stephen Ludlow was that without these tax allowances landlords will be less likely to invest in their assets - which is not a good thing if we want a higher quality of private rental accommodation. This message might have been lost a little in the article above. It would be a strange thing for a residential property agency to argue against the interest of landlords!! (Disclosure, we assist LT with marketing, data for the research was provided directly by HMRC)

From: Nicholas Mattison 30 January 2019 11:43 AM

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