Magazine
Latest Issue

The government needs to do more to help the self-employed

From pensions to buy-to-let tax changes, more needs to be done

By Andy Davis   January 2018

Evidence has recently emerged that the buy-to-let (BTL) tax changes George Osborne introduced while Chancellor (particularly the phased removal of tax relief on mortgage interest and 3 per cent extra stamp duty) are having their desired effect. Lending data suggests BTL owners are selling properties and paying down debt. This tax squeeze on rental property may or may not be positive for the housing market, but it is very unhelpful for one group the government says it wants to help: the self-employed.

Success in encouraging people to join workplace pensions…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect