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Income Tax

Question for Treasury

UIN HL4148, tabled on 17 November 2021

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.

Answered on

30 November 2021

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.

Answered by

Treasury