Think tank proposes National Insurance on rental income
Original Article Summary
The New Economics Foundation has called on the Labour government to extend National Insurance contributions to landlords' rental income, a measure estimated to generate £3.2 billion. Industry bodies warn the proposal could lead to higher rents and accelerated landlord exits from the sector. The post Think tank proposes National Insurance on rental income appeared first on PropertyWire.
PropMatch Curated Analysis
The New Economics Foundation, a think tank with Labour links, has proposed extending National Insurance contributions to landlords' rental income, estimating £3.2bn in revenue. Industry bodies warn this would squeeze margins, raise rents, and accelerate landlord exits from the PRS.
Investor Relevance
If adopted, NICs on rental income would materially reduce after-tax yields across the buy-to-let sector, forcing investors to reprice acquisitions, reconsider hold strategies, and potentially accelerate exits — particularly for higher-leveraged landlords already affected by Section 24.
Original Source:
PropertyWireStay Updated
Subscribe to our weekly briefings for curated property news and insights