To ask the Chancellor of the Exchequer, with reference to the report entitled Property income review: simplifying income tax for residential landlords, published by the Office for Tax Simplification on 25 October 2022, if he will take steps to introduce legislative proposals for a brightline test to clarify when property letting activities subject to income tax would qualify as a trade.
Answered on
22 April 2024
I refer my hon. Friend to the answer I gave on 21 March 2024 to question UIN 18911.
Answered by
Treasury