Restriction on interest deductibility

Restriction on interest deductibility

Didn't find your answer?

The restriction on the deduction for buy to let interest to 20% doesn't seem to have been widely predicted - I saw more discussion on the potential restriction of any interest deduction in an attempt to remove the bias towards debt funding - is that something we can expect to see in 2016 or anytime soon?

Replies (1)

Please login or register to join the discussion.

avatar
By awoodj
14th Jul 2015 10:13

There were various rumours but I think given it's generally accepted (or at least was) Profit = Revenue - Expense nobody took it that seriously. Given that rules now been thrown out who knows what may happen as many will shift to a Ltd. company as a result so will that be the next target or will this just be a one off to scare the market and cool it down a bit while making some space for large corporate build to rent interests to come into the market more like in the US. If it then goes for property companies could all debt be treated as a non expense?

Thanks (0)