Petition · past parliament · HM Treasury

Allow interest and charges as a capital expense for sole trader landlords.

Closed 32 signatures

What the petition asks

Amend Government legislation to allow the interest and charges that can no longer be claimed as a REVENUE EXPENSE due to Section 24 of the finance Act 2015 for sole trader 40/45% landlords to be treated as a CAPITAL EXPENSE
The Government should do this because it is morally correct that a paid expense should be claimed somewhere, Section 24 was brought in to slow down the Buy To Let market and this will still be achieved while at least offering the respect to sole trader landlords that the REAL money that they have paid out can now be claimed when they sell their property.

Timeline

12 Mar 2021 Petition opened for signatures
12 Sep 2021 Closed to new signatures

Key facts

Signatures 32
Status Closed
Department HM Treasury
Opened 12 Mar 2021
Closed 12 Sep 2021

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Source: the official petition page. Last checked 15 Jul 2026.