Lobby MPs about landlord taxes – campaign launched
Summary
The National Residential Landlords Association is encouraging landlords to lobby MPs over a new 2% increase in property-related income tax announced in the Budget. The association says a legal challenge is unlikely to succeed and is instead focusing on political pressure through letters, emails and meetings with MPs.
Why it matters
Tax changes affecting landlords can influence rental supply, investment decisions and the wider private rented sector. Surveyors advising landlords or investors should be aware of the potential for sector sentiment and portfolio decisions to shift in response to the measure.
Key points
- NRLA is campaigning against a new 2% tax on property-related income.
- The association says legal action would have limited prospects of success.
- Landlords are being urged to contact MPs directly.
- The campaign frames the tax as a further burden on the private rented sector.
Organisations:
National Residential Landlords Association, NRLA
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