Is the government trying to tax landlords out of existence?

Reports say the Chancellor will leave Capital Gains Tax alone in next Wednesday’s Budget. Welcome news. But look at what landlords are already facing, then ask the question: is the government trying to tax landlords out of existence?

Look at what you’re facing

Which ones apply to you depends on how you own, so we’ve shown who each one hits.

WhatWhat’s changedWho it hits
Mortgage interest reliefCut back to a basic rate creditIndividual landlords
Stamp duty surchargeUp from 3% to 5% on every extra propertyAll landlords buying
CGT allowanceSlashed from £12,300 to £3,000Individual landlords selling
Tax on rental profitsUp 2 points from April 2027, to 22%, 42% and 47%Individual landlords, not companies
Landlord database£65 per property a year. North East registration: 15 June to 14 September 2027All landlords in England
EPC C by 2030Up to £10,000 per property by 1 October 2030 (10% of value if it’s worth under £100,000)All landlords in England and Wales

The one thing that looks safe

According to reports in The Times and the Financial Times, the Chancellor has rejected calls to raise CGT. Gains on residential property stay at 18% in your basic rate band and 24% above it.

So who ends up paying?

The end result of all this will be higher rents, and tenants will pay. Is it a plan to get landlords to sell? Or does the government just not realise? Either way, the bill lands on landlords first, and it’s landlords who decide whether it’s still worth it.

Watch on YouTube: https://youtube.com/shorts/usOGq_cwN40

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