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LandlordZONE and Shamplina on TV today to analyse Autumn Statement

Ian collins

Landlords looking for some in-depth analysis of tomorrow’s Autumn Statement and its likely good – and bad – news for landlords should tune into TalkTV at 3.30pm tomorrow, 22nd November.

The Ian Collins show will feature Landlord Action founder Paul Shamplina and LandlordZONE Head of Content Nigel Lewis who will be dissecting Hunt’s measures announced earlier that day in parliament.

Hunt faces a difficult balancing act – trying to stimulate a sluggish economy with tax breaks without prompting higher inflation and interest rates, but with a limited amount of money in the piggy bank to fund any changes.

Tax, tax, tax

Some of the rumoured tax changes being considered include:

• A 1% income tax cut – good news for landlords who operate their properties via a personal tax account.

• Abolish the upper limit of £450,000 for first time buyers using LISAs to buy a home.

• Increasing the level at which FTBs pay stamp duty, to bring more of them into the zero-rate bracket.

• Tailor stamp duty to encourage greener homes; for example lower rates for those buying or selling the best insulated homes, including landlords.

• Stamp duty incentives for downsizing – many people are stuck because the SDLT bill is too large for many buyers.

But a tough economic environment hasn’t stopped estate agents, developers and landlords pushing for the Chancellor to go further.

This includes freezing business rates for high street businesses which would please the many landlords who have mixed commercial and residential portfolios; unfreezing the Local Housing Allowance, which is causing landlords with tenants on benefits severe problems; and giving landlords at least a few tax breaks to encourage investment in the private rented sector.

Shamplina will be appearing twice a week on the show going forward. Join Paul and LandlordZONE to see how it all pans out by watching tomorrow's show here.

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