Investment Property Owners – Mortgage Interest Deduction
Posted: 9th Nov 2015 by Robert Salenius TaxationIn the summer budget the government announced that landlords will get tax relief only at the basic rate for interest paid on loans to acquire buy-to-let property. The new rules are to be phased in over three years, starting in April 2017. They apply to 25% of the interest paid in 2017/18, 50% in 2018/19… Read more