Tenant Tax
EDM number 712 in 2008-09, proposed by Sarah Teather on 05/02/2009.
Categorised under the topic of Social rented housing.
That this House notes that the current Housing Revenue Account Subsidy system means that this year local authorities will lose £756 million from council tenants' rent; further notes that £195 million of this rent will be retained by the Treasury and will not be spent on social housing; recognises that this sytem of negative subsidy prevents local authorities from investing sufficiently in maintaining social housing and in building new social homes to rent; further recognises the fundamental unfairness of expecting families on low incomes in one part of the country to subsidise those on low incomes elsewhere; believes that shortfalls in funding should be made up from general taxation not tax on tenants; and calls on the Government to allow local authorities to retain tenants' rent in order to reinvest in social housing in the local area.
This motion has been signed by a total of 59 MPs.
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