A check box to claim tax credit | Customer feedback & Ideas for IRIS

A check box to claim tax credit relief in the property pages (box 44) where a taxpayer has taken out an interest paying loan and otherwise would be able to claim the tax relief as is they were receiving rental income that was taxable.

The above relates to taxpayers investing in a residential rental property company (limited) where they have to show the interest incurred on the property pages rather than on the additional information pages where such loan interest would normally be claimed for any other type of trading company.

Guest
Dec 17 2018

IRIS Accountancy Suite / Personal Tax

Comments (0)
Votes (1)

Attach files

Enter a subject

Customer feedback & Ideas for IRIS

Suggest & prioritise ideas for our customer-driven roadmap

Suggest & prioritise ideas for our customer-driven roadmap

A check box to claim tax credit relief in the property pages (box 44) where a taxpayer has taken out an interest paying loan and otherwise would be able to claim the tax relief as is they were receiving rental income that was taxable.

Related ideas

A check box to claim tax credit relief in the property pages (box 44) where a taxpayer has taken out an interest paying loan and otherwise would be able to claim the tax relief as is they were receiving rental income that was taxable.

Identify yourself with your email address

Related ideas