Reverse the mortgage interest tax relief restriction on ‘individual’ landlords.

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Petition Action

Reverse the mortgage interest tax relief restriction on ‘individual’ landlords.

Petition Details

The government will curb the amount of tax landlords can claim back on their property investments, meaning buying and renting out property may no longer be viable for many.
This will result in some landlords who finance their business with mortgages paying tax despite making no profit.

Additional Information

The policy discriminates against individual buy-to-let investors by denying them the same rights as other business owners.'
In no other business are costs wholly incurred to fund the business liable for taxation.

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