Budget will increase rents confirms Office for Budget Responsibility
The Chancellor of the Exchequer, Rachel Reeves MP, has delivered the 2025 Budget, which set out the Treasury’s plan of action for the coming year.
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Budget 2025: Landlord income tax rates to rise
Landlords will pay increased rates of income tax under plans announced by Chancellor Rachel Reeves today. Rates of income tax from property income will increase by two percentage points from April 2027, a move which the Office for Budget Responsibility (OBR) has recognised will hit landlords in the pocket and force rents up.
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