Reducing tax on rental income among budget proposals for keeping landlords in the market

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Idea could face pushback from Department of Finance, but many see it as ‘meaningful measure to stanch the bleed of landlords’ leaving the market

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The source added that it would have to be a “substantial package” to make a meaningful difference. A second source said that proposals had not been agreed “but tax reduction is the request”. The Cabinet Committee on Health met on Monday evening, with the Department of Health blaming inflation and demand for rising costs.

Discussions are expected to continue between officials over the coming weeks, though ultimately the decisions will be made by politicians in advance of the budget. Ministers and senior officials are understood to have considered various options and the costs and impact of potential budgetary decisions.

 

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