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Make energy efficiency improvement costs tax deductible, says RLA

The residential landlords association has criticised a raising of the minimum energy efficiency standards maximum contribution as proposed by the business, energy and industrial strategy select committee.

Currently, landlords with properties in the lowest energy efficiency bands F and G are expected to contribute up to £3,500 towards improving matters to an E rating or higher.

The proposal recommends raising this to £5,000.

In response, the residential landlords association says that work intended to improve a property’s energy efficiency rating should be tax deductible.

Residential landlords association policy director David Smith says: “Whilst we believe rented homes should be as energy efficient as possible, this requires a tax system that properly supports and encourages investment in energy efficiency measures.

“It is disappointing that despite calls by the RLA and others the committee has retreated to a call to raise costs for landlords without any support from government.

“This stands in stark contrast to the £3.8bn the committee recommends the government makes available to the social sector for such improvements.”

The energy saving trust chief executive Philip Sellwood adds: “There is no reason why we could not use the tax system to incentivise landlords through tax relief, so that they could claim all of that, rather than just £3,500, £5,000 or whatever.”

Government data shows that between 2007 and 2017, the number of private rented homes with an energy performance rating of F and G fell from 22 per cent to 6 per cent.

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