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Saturday 27 August 2016

Landlord court challenge delayed until October

The date for the court hearing to decide whether there should be a judicial review of the buy to let tax changes introduced by George Osborne has been changed.

The new date is Thursday October 6, following a request from HMRC on the grounds that its lawyers were not available for the previous mid-September dates.

The new date is when there will be a hearing, estimated to last 90 minutes, which will decide whether landlords Steve Bolton and Chris Cooper can move on to the judicial review. 

The landlords say section 24 of the Finance (No. 2) Act 2015 is an infringement on buy to let investors’ rights. This is the section which concerns the phased reduction in some landlords’ mortgage interest tax relief.

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