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phil dillon
phil dillon
4385  Profile Views

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my expertise in the industry

phil's Recent Activity

phil dillon
So suddenly the PRS is expected to give Tenants a holiday and get it repaid over god knows how long etc, cant blame the Tenants but the Govt have to give something back to LL ie S24 Scrap and repay taxes from last 3 periods, CGT remove the addittional 10% , so if we sell at some point we can maybe scrape a profit.

From: phil dillon 19 March 2020 09:31 AM

phil dillon
OK can somebody get a message to Ben Beadle and ask him what he intends doing about reversing s24 and repaying the tax to LLs.

From: phil dillon 02 January 2020 15:13 PM

phil dillon
In my opinion the NLA and RLA are spneless organisations that do absolutely nothing for LL in the PRS. PLease can anyone give me ONE example of these orhs changing Housing Policy

From: phil dillon 16 December 2019 13:50 PM

phil dillon
Well said Paul , you have covered all points. In my opinion this magazine needs to read these comments and get the NLA to lobby the new Government with the issues. It will take a long time to build enough Social housing and if the PRS is to keep the wolves from the door the Govt need to ACT NOW. I would be very pleased to see and hear from the editors of Landlord today to establish what they can do to sort out the mess.

From: phil dillon 13 December 2019 17:07 PM

phil dillon
I agree entirely , but rather than just leave us all going bust when we are doing a great job, there needs to be some relief from all this for us decent landlords, sadly the NLA are completely useless.

From: phil dillon 03 December 2019 13:03 PM

phil dillon
This will get much worse when we get our tax bills

From: phil dillon 25 November 2019 09:01 AM

phil dillon
In Section 19 of the LM they also say that Councils will be encouraged to buy propertie from PLL and these will be then managed as Council Houses. Well Im up for it but I have a few provisos ; 1) They buy at Market Value 2) Any properties sold to Councils (Thus increasing Social Housing numbers at a stroke) should attract no more than 5% CGT.

From: phil dillon 22 November 2019 13:05 PM

phil dillon
This is Bojos opportunity 1) Scrap S24 2) Leave S21as is. 3) Reduce CGT to standard rates

From: phil dillon 22 November 2019 10:53 AM

phil dillon
I would love to see a portal on this site for LL to ask questions and for those questions to be forwarded to the relevant org.. Example , I have just watched JC launch his Manifesto and once again he rubbishes the PRS. He does acknowledge that there are 11m homes in the PRS however there are no words of support for the sector only controls , rent caps etc. Interestingly it also mentions an opportunity for Councils to buy properties from the PRS (I imagine this would then count as a new Council property in their targets)perhaps this will give us all an opportunity to get out quickly, even better if he reduces CGT to encourage the sales. SO What is BJ going to do, say the same or support the PRS I WANT SOMEONE TO ASK HIM.

From: phil dillon 21 November 2019 14:17 PM

phil dillon
why is there no reporting by this magazine on all the seminars at the current show. What was discussed about Tax / S24 /

From: phil dillon 07 November 2019 16:54 PM

phil dillon
There is only one reason for the reduction in Property available and that is S24. Why would anyone in business agree to be taxed on Turnover.

From: phil dillon 05 November 2019 09:38 AM

phil dillon
Well they need to be put under pressure to let us know exctly what their plans are in their Manifesto. We know Crbyn will just increase all taxes as he sees the PRS as a bunch of Dodgy LL. So who in these "Organisations " that aparently our the mouthpiece for the PRS, who is going to make a formal statement. I need to know who I should vote for?

From: phil dillon 31 October 2019 10:15 AM

phil dillon
REPEAL S24 / REDUCE CGT/ INCREASE THE 40% THRESHOLD TO 80000

From: phil dillon 31 October 2019 10:06 AM

phil dillon
Totallyagree , and if any of the writers of these articles actually read these comments perhaps they might like to make the point to RLA and all other bodies that are supposed to be representing us. 1) S24 must be scrapped 2) If the Govt is so hell bent on getting Private LL to sell, then reduce CGT to standard levels. 3) If neither of these are actioned there will be a mass exodus in the new year when PLL get their next tax bills. 4) Boris said he was going to movethe 40% threshold to £80000 ok Lets see it in themanifesto.

From: phil dillon 31 October 2019 10:04 AM

phil dillon
s24 needs to be cancelled now before every LL gets the Tax bill in January which will see an exodus of a huge proportion of the PRS

From: phil dillon 30 August 2019 10:25 AM

phil dillon
2 mammoths , achieved nothing, S21/S21/TENANTS FEES BANNED/CGT AT 10% HIGHER THAN EVERY OTHER GAIN.. If they are prepared to attack the New PM and his cohorts I will be amazed.

From: phil dillon 30 August 2019 10:24 AM

phil dillon
Totally agree GROMIT. S24 Get a commitment to overturn , or at least only relevant on Properties purchased from 1/4/18. Reduce CGT by 10 points to same as everything else . If they are true Tories they need to support business and not do an Osborne.

From: phil dillon 24 June 2019 09:43 AM

phil dillon
Given the locations of all the above I would hazard a guess that these are either slums or Council owned run down estates, any chance of that information ? Nah didnt think so, headline reporting !!

From: phil dillon 12 March 2019 09:17 AM

phil dillon
S24 is having the desired effect that Govt want, kill off PRS, and build the BTR sector with large corporates such as Aviva. Old boys from Eton .

From: phil dillon 07 March 2019 10:43 AM

phil dillon
More smoke and mirrors, what has the RLA ever achieved in getting Govt to change its mind about these suicidal policies?

From: phil dillon 05 October 2018 09:24 AM

phil dillon
Create a "level playing field " OK well start charging Home Owners CGT when they sell or remove CGT for BTL.

From: phil dillon 26 June 2018 09:03 AM

phil dillon
Just watch the Building Companies close down sites as in 2008. Stupid Govt have shot themselves in the foot. S24 Has to be reversed

From: phil dillon 17 May 2018 08:52 AM

phil dillon
What actually happened in Ireland

From: phil dillon 18 April 2018 09:15 AM

phil dillon
sec 24 biggest mistake ever, how Govt cannot see what the fallout is going to be is beyond comprehension

From: phil dillon 19 March 2018 18:35 PM

phil dillon
Difficult to change the rules now without losing face , and Politicians are very focussed on their own faces. A child could have forecast the fall out from Sec 24, but the Politicians decided to bend over to the Popular Labour Press. Now watch it all fall apart

From: phil dillon 08 March 2018 09:56 AM

phil dillon
This is an awful piece of Journalism, badly informed uneducated garbage

From: phil dillon 08 March 2018 09:52 AM

phil dillon
Great news , European Courts will love this

From: phil dillon 02 February 2016 09:20 AM

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