Landlords: Tax Allowances
Commons · Question 33081 · Tabled 24 Feb 2025 · Treasury · Official record
Answered 4 Mar 2025
Question
Asked by Munira Wilson
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes in mortgage interest tax relief on private landlords since the inception of those measures in April 2017.
Answer
Answered by James Murray, 4 Mar 2025
The previous government phased in a set of reforms to restrict finance cost relief to the equivalent of the basic rate of income tax. Before these reforms, it was available at a landlord’s marginal rate. As a result, all individual landlords now receive t...