Cost Rental Scheme profits to be exempt from Tax.

[Brendan Burgess]

Cost rental housing​

In line with Government’s commitment to accelerate the delivery of affordable homes, I am exempting the rental profits arising from homes that fall within the Cost Rental Scheme from corporation tax. This exemption will apply to developments that are designated as falling within the Cost Rental Scheme by the Minister for Housing, Local Government and Heritage from on or after the 8th of October 2025.