A new client looks like previous property rental mortgage interest amounts claimed have been incorrect i.e. original mortgage amount (59%) rather than original purchase price. As client remortgaged up to 100% quickly afterwards then extra needs to be claimed. Totals £183 per year for 2009/10 - 2011/12, no point going further back as was in loss and brought forward losses into first year of profit would still be less than the PA.
Question, this can be claimed by letter and looks a good claim? Xmas brain jelly kicking in!
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for a BRT 20% 183 =£36 are your fees less and are you sure the extra taken out is allowable
leaving aside overpayment relief
i would stick it in an amended return for 2011 12 , shouldnt really but its a fair deduction late or not
Mortgage interest claim
You have until 31 January 2014 to amend the 2011-12 tax return.
The two previous years would have to be claimed using the special relief provisions in Schedule 1AB Taxes Management Act 1970.
Both can be done by letter.
2012 amendments
the option to amend is not affected by submission of the later year. If it can't be done via the website a letter to HMRC will suffice. Keep proof of posting and send it recorded delivery.
If you have to write a letter, may as well put all of it in there, if you can't amend online on their website. 3rd party software allows amended returns to be filed no problem, as long as they aren't out of time.