Policy paper

Restricting finance cost relief for individual landlords

This tax information and impact note affects individuals who are landlords of residential property.



To make the tax system fairer, the government will restrict the amount of Income Tax relief landlords can get on residential property finance costs (such as mortgage interest) to the basic rate of tax. This will ensure that landlords with higher incomes no longer receive the most generous tax treatment. To give landlords time to adjust the government will introduce this change gradually from April 2017 over 4 years.

Published 8 July 2015
Last updated 6 February 2017 + show all updates
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