tag:blogger.com,1999:blog-1141932539860553199.post4972084360465208120..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Killer Arguments Against LVT, Not (383)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1141932539860553199.post-78393560049216818722016-02-19T20:34:52.360+00:002016-02-19T20:34:52.360+00:00He'll be up against an unholy alliance of Land...He'll be up against an unholy alliance of Landowners and The Envious.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-9288234801118643212016-02-19T19:38:58.392+00:002016-02-19T19:38:58.392+00:00DBC, yes, let's hope that John McD can sell bo...DBC, yes, let's hope that John McD can sell both ideas properly. Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-45749450591964727392016-02-19T19:35:40.437+00:002016-02-19T19:35:40.437+00:00Excellent news about John McD, DBCR. With luck thi...Excellent news about John McD, DBCR. With luck this will reduce the spinning in Keir Hardie's grave to a rate where it is once again safe to approach!Derekhttps://www.blogger.com/profile/06296053477905542366noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-6282017466408051692016-02-19T09:15:52.415+00:002016-02-19T09:15:52.415+00:00@Mo
Yes and all the staff who administered the Rat...@Mo<br />Yes and all the staff who administered the Rates and Schedule A have pretty well died off, so their knowledge is lost.<br />@MW John McDonnell said on Tuesday at the LSE that the country needs "infrastructure which pays for itself by expanding economic activity and raising tax revenues" which pretty well defines LVT. He also said that the Labour leadership hadn't ruled out Basic Income. So the sign is being projected into the sky calling for the aid of LVT Man!DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-8839931705009215172016-02-18T18:27:09.616+00:002016-02-18T18:27:09.616+00:00L, if you do it on the rental value it is even eas...L, if you do it on the rental value it is even easier. What's the rental value of the freehold? it's the ground rent income. <br /><br />M, good question, nobody knows any more, there's hardly anything on Dom Rates as it ended a few years per-internet.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-73999020806634538392016-02-18T15:37:48.596+00:002016-02-18T15:37:48.596+00:00How did this work under Domestic Rates and Schedul...How did this work under Domestic Rates and Schedule A (aka the good old days)?mombershttps://www.blogger.com/profile/09650866436764567516noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-31149676331105700392016-02-18T10:10:48.549+00:002016-02-18T10:10:48.549+00:00Yes. Long leaseholds on flats in blocks are a bit...Yes. Long leaseholds on flats in blocks are a bit free-holder-ish. So the LVT would be charged on the leaseholder less the ground rent reversion he pays to the freeholder. The Freeholder then pays LVT as an annual percentage of the capitalised value of the ground rent reversions.<br /><br />What's difficult about that?Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com