How Will Labour's 39% Top Tax Rate Impact Investor's Ability to Borrow From The Bank? | Ep. 434

In this episode, we discuss Labour's new top tax rate of 39% and whether it will have an impact on property investor's ability to secure a mortgage. 

Throughout the show, we run multiple models to figure out exactly how much less a high-earning property investor would be able to borrow from the bank. We end up agreeing that fro each $10k you earn over the threshold ($180k), you will be able to borrow about $8.5k less than you otherwise would be able to. 

We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.