Share this content
2

Extra student loan repayment due

Landord’s mortgage interest restriction increases SL repayments

Didn't find your answer?

Not a question, just an observation, the (2019) 50% restriction on mortgage interest for landlords has had the effect of increasing a client’s SL repayment, because it’s worked out on the increased income after the restriction is applied.  So a double whammy for my client, who thought all his SL repayments had been dealt with through PAYE.

Replies (2)

Please login or register to join the discussion.

avatar
By Accountant A
09th Jan 2020 01:00

And creates more higher rate taxpayers. Odd that a Conservative government dislikes private landlords so much.

Why are furnished holiday lets - which remove a property from the pool of available residential housing stock - given favourable tax status while residential lets (providing 'permanent' housing) are seen as so reprehensible they require a special punitive tax regime?

Thanks (1)
ALISK
By atleastisoundknowledgable...
09th Jan 2020 07:47

Yes. And more people into the HICBC.

Thanks (1)
Share this content