Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the planned increase in Income Tax rates on rental income from April 2027 on the supply of privately rented housing.

In April, the independent Office for Budget Responsibility published supplementary forecast information regarding the changes to property income tax announced at Budget 2025. This includes an assessment of impacts on rental prices and incorporation. This is available at: Supplementary-forecast-information-non-labour-components-of-incomes-tax-costing.pdf

This is in addition to the Economic and Fiscal Outlook which was published at Budget 2025: CP 1439 – Office for Budget Responsibility – Economic and fiscal outlook – November 2025.