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info@merrantiaccounting.comCurrently this is just a ‘Policy Paper’ but the plan is to restrict individuals on claiming mortgage interest as a cost against their property investment income, for individuals it will work as follows: 2017/18 75% of the interest can be claimed in full and 25% will get relief at 20% 2018/19 50% of the interest
Read MoreNew government rules have been introduced which have changed the Capital allowances, these will come into effect from April 2014. The new rules will apply to the acquisition of second hand commercial property on or after 1st April 2014 or 6th for non-corporates. If you are buying a commercial property after April 2014, then contact
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