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Tax Relief On Your Home Mortgage? – Taxation Magazine – Whilst tax relief on loans for private purposes is basically forbidden by the tax rules, there are ways to secure a deduction, if you can demonstrate that your finance costs are supporting a business.. Jack owns his own home (with a mortgage). He decides to start a buy-to-let business, and.
Restricting finance cost relief for individual landlords – GOV.UK – To make the tax system fairer, the government will restrict the amount of income tax relief landlords can get on residential property finance costs (such as mortgage interest) to the basic rate of.
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