http://www.debtspiration.com/blogroll/the-absolute-truth/ Where money, inspiration, and motivation come together. Wed, 21 Apr 2010 21:09:40 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.debtspiration.com/blogroll/the-absolute-truth/comment-page-1/#comment-22692 Debt and the taxman « Debt,ISA,Savings accounts-Frugal Cents Sat, 04 Oct 2008 09:53:08 +0000 http://www.debtspiration.com/2006/04/the-absolute-truth/#comment-22692 [...] Over 80,000 landlords could face a debt to the tune of £48,600 based on housing prices for 2007. However, those who have an interest only buy-to-let mortgage are unlikely to feel the wrath of the tax bill, as they are probably paying the correct amount of tax. Those most at risk are individuals who took out a repayment mortgage for a family property which is now rented out. [...] [...] Over 80,000 landlords could face a debt to the tune of £48,600 based on housing prices for 2007. However, those who have an interest only buy-to-let mortgage are unlikely to feel the wrath of the tax bill, as they are probably paying the correct amount of tax. Those most at risk are individuals who took out a repayment mortgage for a family property which is now rented out. [...]

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