Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether HM Treasury has considered aligning Capital Gains Tax relief with longer-term rental commitments in order to support the stability objectives of the Renters’ Rights Act 2025.
Tenant wellbeing is central to the Government’s recent Renters’ Rights Act, which will transform the experience of private renting, including by ending Section 21 ‘no fault’ evictions. The Act will give renters much greater security and stability so they can stay in their homes for longer.
Capital gains are taxed because they represent profits from the sale of capital assets, including second homes and buy-to-let properties, and it would be unfair to tax other sources of income but not capital gains.