The Residential Landlords Association (RLA) has suggested a tax system that both supports and encourages investment in energy efficiency measures is needed if rented homes are to become more efficient.
On Friday 12 July, the RLA proposed that any work a landlord carries out to their properties recommended on an Energy Performance Certificate (EPC) is tax deductible. It suggested this would encourage continuous energy improvements as opposed to just meeting the minimum threshold. It made the comments after the BEIS Committee had proposed increasing the cap limiting landlord spend on energy efficiency improvements from £3,500 to £5,000.
David Smith, Policy Director at the RLA, said: “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.”