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Mike Mitchell
 
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Default Will the chancellor cane house owners in the budget?

On Sat, 14 Feb 2004 12:17:45 +0000, Andrew
wrote:

....I imagine one area where flash
gordon will look is the practise where someone has 20 buy-to-let
properties but actually lives in one, paying a peppercorn rent but able
to claim generous tax benefits, and then able to pocket £40,000 tax free
before CGT kicks in.


Er, what crime has been committed in this practice?

MM