Landlords New tax on rent income 'being considered'

The Treasury is reportedly considering a tax on landlords that will target income from rents in the autumn budget.

- Kalyeena Makortoff

The proposals are centred on the expansion of national insurance to include rental income, which is currently exempt from the levy, as part of a broader push to plug a potential £40bn shortfall in the public finances.

Labour insiders told the Times that property income was "a significant potential extra source of funds" and landlords were seen as a way of targeting "unearned revenue".