Landlords call for tax amendments

THE current tax treatment of private landlords is stifling investment in the sector and major changes are required if the supply of rented accommodation is to be boosted to overcome the current shortage, according to the Residential Landlords Association.

With the spectre of large scale disinvestment in the sector once the housing market improves, the RLA is calling on the Chancellor to make stimulating the buy-tolet a key part of the forthcoming Budget

Among the measures the RLA is calling for is roll–over relief for capital gains when a rental property is sold to a first time buyer or reinvested in rental property and inclusion of rental property in self-invested pension plans (Sipps),