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TODAY'S OTHER NEWS

RLA welcomes tax relief for rental home improvements proposal

The Residential Landlords Association (RLA) has welcomed calls by a parliamentary committee for tax incentives for private landlords to improve the quality of their property.

The recommendation is made by a House of Lords committee looking at the regeneration of seaside towns and communities.

The committee’s report published yesterday recommends: “the introduction of stronger incentives for private landlords to improve the quality and design of their properties.... This might include tax relief for making improvements to properties.”

Landlords have long argued that taxation should be used more positively to support the vast majority of landlords who provide decent accommodation for tenants. This has included the RLA’s call to make tax deductible any work a landlord carries out that is recommended on an Energy Performance Certificate to improve the energy efficiency of rented homes.

John Stewart, policy manager for the RLA, said: “We welcome the recognition this report gives to supporting landlords to invest in raising the standard of housing for their tenants. We call on the government to accept this proposal.”

Poll: Would you welcome tax relief for rental home improvements?

PLACE YOUR VOTE BELOW

  • Paul Barrett

    Yep next incentive is removal of SDLT surcharge to enable properties not being bought by homeowners to be made worth buying by LL

    Next incentive is to remove S24 to encourage LL to bring more supply to the market as lots of properties are not being bought by homeowners.
    Next incentive is to introduce a fast track eviction process of 14 days for any tenant in rent default.
    This to encouragr LL to take on the riskier tenants.

    See it is easy to think of incentives to bring back the LL

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