The two landlords trying to overturn George Osborne’s tax relief changes have launched another funding bid in the hop of raising a further £50,000. Steve Bolton and Chris Cooper have already successfully raised a first tranche of £50,000 via crowdfunding, which has paid for an application to the court for a Judicial Review.
Application Lodged
“Our application to the court for a Judicial Review was lodged in mid-February. A joint response came back from HMRC and the Treasury by way of their Acknowledgment of Service. We worked closely with our lawyers and have sent a robust response to the courts to counter the issues raised. We are now waiting for the court to rule whether we have permission to proceed to a full Judicial Review hearing.”
The campaigners expect the consent process to be concluded soon, but they warn that it could be months before the review is heard and a decision is made.
Spread the Word
The campaign, which has had a great deal of support, contends that the tax relief change written into the Finance Act 2015 goes against fundamental business principles. In a recent statement issued to supporters, the two landlords say:
“With your continued financial backing and support, we plan to take the Government all the way to court and fight the strongest case that we can.
“Please spread the word far and wide amongst your community, especially fellow landlords, tenants, letting agents and others who will be adversely effected by this ludicrous legislation.”
