Rent Increases (Tax)

HC Deb 05 March 1957 vol 566 c23W

13. Mr. Houghton

asked the Chancellor of the Exchequer whether increases in rent under the provisions of the Rent Bill will be liable to Income Tax; and how this income will be assessed.

Mr. P. Thorneycroft

Yes, under Sections 175 and 176 of the Income Tax Act, 1952.