and proposals to raise that to household incomes of £40 – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by and proposals to raise that to household incomes of £40 on 2016-04-28.

To ask Her Majesty’s Government what is their estimate of the reduction of funds collected under the pay to stay” proposals for household incomes of £30

Baroness Williams of Trafford

It is estimated that setting the income thresholds at £40,000 nationally and £50,000 in London would significantly reduce savings from the policy. The policy would apply to a far smaller number of people and the operation of a taper means that tenants in this income bracket would be paying a far smaller contribution towards their rent.