“Love the show. A listener since the very beginning. I appreciate you can’t tackle your guests on everything they say. But with Liam’s background in housing and todays guests simplistic view of the huge profits made by house owners I was shouting at the radio to ask the question ‘what about the home owner who bought for £300k, during lockdown spent time and a lot of money rewiring, new plumbing, new bathroom and kitchen, plastering , painting, landscaping? Say they spent £100k on the work and their house is now worth £450k. Would your guest impose CGT on the £150k putative profit? You bet he would. Start treating the housing stock like shares and no one will renovate or improve as they’ll have paid tax on the money to improve snd then pay the tax again on the value the improvements have engendered. Sometimes things ain’t broken..”
summertkme via Apple Podcasts ·
Great Britain ·
07/11/24