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The Clubhouse Bar
A Political Thread pt. 2
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<blockquote data-quote="Bada-Bing!" data-source="post: 1125782" data-attributes="member: 70552"><p>You could claim tax relief on the interest but restricted now to 20% relief, if you rented the property out. Better than nothing.</p><p></p><p>the other thing is this:</p><p></p><p>[URL unfurl="true"]https://www.gov.uk/rent-room-in-your-home/the-rent-a-room-scheme[/URL]</p><p></p><p>£7,500 tax free income. Additional source of income to pay higher interest rate.</p></blockquote><p></p>
[QUOTE="Bada-Bing!, post: 1125782, member: 70552"] You could claim tax relief on the interest but restricted now to 20% relief, if you rented the property out. Better than nothing. the other thing is this: [URL unfurl="true"]https://www.gov.uk/rent-room-in-your-home/the-rent-a-room-scheme[/URL] £7,500 tax free income. Additional source of income to pay higher interest rate. [/QUOTE]
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The Clubhouse Bar
A Political Thread pt. 2
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