Landlords: Taxation

HM Treasury written question – answered on 9th June 2015.

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Photo of Christopher Chope Christopher Chope Conservative, Christchurch

To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the contribution that private-sector residential landlords make to the economy.

Photo of David Gauke David Gauke The Financial Secretary to the Treasury

According to the latest figures published by the Department for Communities and Local Government, the private rental sector accounts for 19% of housing in the UK.

These properties make an important contribution in balancing the wider housing market, which requires a mix of tenures in order to operate effectively. The provision of rented accommodation also supports the economy through improved labour market flexibility.

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