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Estate Income: Restricted Finance costs

For the tax year 6 April 2018 to 5 April 2019,the allowable costs of getting a loan or alternative
finance to buy a residential property that is let,and any interest on those loans and alternative
finance, is restricted to 50% of these costs for each property business.

To show the 50% finance costs on the SA107

Add the Trust Page using the + NEW PAGE button

Add Income 

Select Residential Property Income 

Click SAVE

 

 

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