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Relief to rent out part of the home

Language: English Series: Guardian ; 27 May 1995, 33(1)Publication details: 1995Subject(s): Summary: Inland Revenue has granted a concession to those who rent out part of their home or use more than one third for business purposes. The mortgage can be treated as two separate loans, apportioned in appropriate fractions, with Miras relief available on the part relating to use of the property as a home.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3121-43 (Browse shelf(Opens below)) 1 Available 19302-1001

Inland Revenue has granted a concession to those who rent out part of their home or use more than one third for business purposes. The mortgage can be treated as two separate loans, apportioned in appropriate fractions, with Miras relief available on the part relating to use of the property as a home.