Landlords spared £15k Capital Gains Tax hikes
Summary
The article reports that the Chancellor will not raise Capital Gains Tax in the upcoming Budget, avoiding a potential increase in landlords’ CGT liabilities. It also notes that landlords still face wider tax and regulatory changes, including higher property income tax rates from April 2027, expanded Making Tax Digital requirements, and reforms under the Renters’ Rights Act.
Why it matters
Residential surveyors involved in valuation, investment advice or landlord work should be aware of the tax and regulatory backdrop affecting owner decisions to hold or sell rental property. These pressures can influence transaction volumes, landlord sentiment and the supply of private rented homes.
Key points
- CGT will not be aligned with income tax rates in the forthcoming Budget.
- The article says this avoids a potential sharp rise in landlords’ CGT bills on property sales.
- Further tax pressure is expected from April 2027 through higher property income tax rates.
- Making Tax Digital requirements continue to expand for landlords.
- The Renters’ Rights Act and a new landlord registration system add to the regulatory burden.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
