He’s now claiming that being a landlord isn’t a “job”.
I paid tax on a paye job, which I then invested in property at my own risk. I bought properties that were run down, worked hundreds of hours on renovations and only employed other people to do things that I legally couldn’t do myself (gas and electrics). I then put out adverts and interviewed tenants myself. I then have to deal with issues from tenants such as repairs, doing the work myself, I do my own tax returns, I arrange any appointments such as gas safe inspections myself. When a tenant leaves, I write them references, I clean and redecorate properties and I take the financial hit of being charged council tax for having the audacity of having an empty property for a couple of months while I work on it and on taking the care to search for a decent tenant.
I pay tax on all of my profit, I only get the normal tax free allowance, despite the fact that all of this is done at my own risk and if I get a tenant that doesn’t pay (it has happened) I can end up with thousands in losses. I’m also assisting the government by housing people who are on partial housing benefit and so would not be able to get a mortgage…but the council won’t house them as they have a shortage.
The idea that this isn’t both an investment with significant financial risks to no-one other then my own family and also a job which at times makes me put in a large amount of hours and stress is ludicrous and insulting.
Maybe he should class all the people who work for social housing providers as not doing ‘jobs’ because day to day they are doing exactly what I’m doing.