Mortgage interest relief - post Finance Act 1988

Mortgage interest relief - post Finance Act 1988 - 1988 - Taxation 121(3161) 12 August 1988, 425-427(3) .

Extracts from a letter issued by the Inland Revenue giving guidance on the operation of the residence basis of mortgage interest relief introduced by the Finance Act 1988 . Gives numerous examples of different scenarios and discusses the position of loans for residence of dependant relatives and replacement loans.


MIRAS