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United Kingdom · Question · Written question

UIN 33719

Private Rented Housing: Tax Allowances

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 July 2022

Last action

14 July 2022 · Answer

Status

Answered

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Subjects

Housing

Source updated

14 July 2022

Housing

Summary

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of reviewing buy to let tax relief in the context of the difference in mortgage interest cost for a limited company and a private landlord.

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Timeline

  1. 11 July 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of reviewing buy to let tax relief in the context of the difference in mortgage interest cost for a limited company and a private landlord.

    Source: Commons

  2. 14 July 2022

    Answer

    Property income for unincorporated landlords is taxed through the Income Tax system and is taxed through the Corporate Tax system for incorporated landlords. The Income Tax and Corporate Tax systems are not directly comparable, as they offer different rat...

    Source: Written answer

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