Raise The Roof Campaign
EDM number 860 in 2009-10, proposed by Paul Keetch on 10/02/2010.
Categorised under the topics of Private rented housing and Taxation.
That this House congratulates the Raise the Roof campaign; believes it is important to ensure that there is sufficient reward for homeowners to rent out their spare room in these difficult economic times; calls on the Government to increase the tax threshold on renting out spare rooms from £4,250 to £9,000; believes that the change in the tax threshold would help more homeowners to avoid arrears and repossession through the extra income obtained; points out that almost 60 per cent. of the income from all spare room rentals in the United Kingdom is above the current tax threshold; and calls on the Government to implement this scheme forthwith.
This motion has been signed by a total of 66 MPs.
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