Legal challenge to government over buy-to-let tax

According to a recent article in The Telegraph, Cherie Blair the wife of the former Labour MP and UK Prime Minister Tony Blair is mounting a challenge to the government’s proposed buy-to-let tax.

Cherie Blair QC has reportedly launched a legal battle against the Government’s flagship policy to increase taxes on buy-to-let investments, claiming it breaches landlords’ human rights.

The Chancellor, George Osborne first announced the tax change in the Summer Budget, it will prevent small-scale landlords from deducting mortgage interest costs from their rental income before calculating any tax payable.

To check out the article in the The Telegraph click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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