Reports are coming in that the governments skewed tax increase on some, but not all, buy-to-let landlords has driven up rents for tenants, especially in London. The problem is that the Cameron government denied tax deductions for certain costs for, mainly, private individual landlords. But they left full tax deductions in place for favoured landlords. This resulted in a skewed, some say unfair, tax regime. Inevitably this has hit rents.
Tax Barrister, Accountant