Question to the HM Treasury:
To ask Her Majesty's Government what assessment they have made, if any, of the revenue that would be raised by increasing all income tax rates applicable to rental income by 1.25 per cent.
The government has not made an assessment of the revenue that would be raised by increasing all income tax rates applicable to rental income by 1.25 per cent.
The government keeps all aspects of the tax system under review and any decision on future changes will be taken as part of the annual Budget process in the context of the wider public finances.