Call for build to rent exemption as Treasury publishes £2bn developer tax details

build to rent quintain wembley

British Property Federation argues rental landlords are already facing full cost of post-Grenfell fire safety repairs themselves

The British Property Federation has hit out at government plans to include developers of build to rent homes in its proposed £2bn residential property developer tax.

The call came after the Treasury earlier this week published draft legislation for the new tax making clear it planned to exempt certain activities, such as the development of student housing and care homes, from being liable for the tax.

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