SDLT Autumn Statement

SDLT Autumn Statement

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Discussion

Rangeroverover

Original Poster:

1,523 posts

112 months

Tuesday 25th October 2016
quotequote all
Just thinking through, I am convinced that the extra 3% SDLT on investment/second homes will get repealed in the autumn statement. I fancy a punt with £2-3k so whose shares will get the most uplift don't want to do CFD's or anything clever; many years ago I was a currency/futures trader and happily have forgotten all about it.

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GT03ROB

13,271 posts

222 months

Tuesday 25th October 2016
quotequote all
Rangeroverover said:
Just thinking through, I am convinced that the extra 3% SDLT on investment/second homes will get repealed in the autumn statement. I fancy a punt with £2-3k so whose shares will get the most uplift don't want to do CFD's or anything clever; many years ago I was a currency/futures trader and happily have forgotten all about it.

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I've seen this statement now several times on here, but absolutely nowhere else. What is leading people to this conclusion?

Rangeroverover

Original Poster:

1,523 posts

112 months

Tuesday 25th October 2016
quotequote all
Generally jungle drums, also alot of chatter on various property forums

https://www.estateagenttoday.co.uk/breaking-news/2...

Its the sensible thing to do, I may be talking my book, but I'm happy to have a small punt, I did well selling what used to be called "cable" in my day $/£ on Brexit so thought I would back another hunch, just need to figure out what to buy

Eric Mc

122,090 posts

266 months

Tuesday 25th October 2016
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I would love to see the Making Tax Digital programme scrapped.

NickCQ

5,392 posts

97 months

Tuesday 25th October 2016
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Rangeroverover said:
what used to be called "cable" in my day
That phrase is still around, you'll be pleased to hear.

Tresco

517 posts

158 months

Tuesday 25th October 2016
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OP have you picked anything up regarding the impending BTL mortgage tax relief changes?