Image from Google Jackets

Tax loophole to a property plum

Language: English Series: Evening Standard ; 31/5/91 p39Publication details: 1991Subject(s): Summary: Describes Home Partners Plus an alternative to Business Expansion Schemes as an investment in the rented housing market which exploits a loophole in tax rules which permits interest on money borrowed to buy shares in close companies (those controlled by five or fewer shareholders) to be set against income at basic rate or higher rates with no limit.

Describes Home Partners Plus an alternative to Business Expansion Schemes as an investment in the rented housing market which exploits a loophole in tax rules which permits interest on money borrowed to buy shares in close companies (those controlled by five or fewer shareholders) to be set against income at basic rate or higher rates with no limit.