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Dylan Reeve@dylanreeve.bsky.social |
Turns out I'm a little mistaken on this - the removal of interest deductibility as legislated by the prior Labour Government was a staggered implementation and the coming 2024/2025 tax year was the last step. So it is possible that the policy could still have increased rents.
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Dylan Reeve
@dylanreeve.bsky.social
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Although I think this has not been well communicated by the PM and Government. And any potential impact on rents from that last stage of its implementation would have been nullified by simply stopping it at the point it is currently, rather than returning to 100% deductibility.
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