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TAx Relief

  • Fellow PM.Dip
  • Practice Licence
  • 67 posts
  • # 118244

Hi

1. I have a client who wants to claim interest tax relief on a loan that is secured against against a property he lets!

Is this possible?

Would the answer be different if he had a second mortgage on the above property?


2. I have another client who works away from home. He is employed and is on PAYE. 

He rents a property near to where he works - Can he claim any tax relief on these payments?


John

  • Companion Fellow PM.Dip
  • 29 posts
  • # 118250

Don't forget that you can also call the Technical Support line on 0203 405 4000 for unlimited tech support on any TAX, VAT, Legal and HR matters.

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