Policy paper

Clarification to finance costs restriction for landlords

This tax information and impact note applies to individuals, partners ,trustees, and certain beneficiaries of deceased persons estates to whom the finance costs restriction applies.

• From: HM Revenue & Customs
• Published: 16 March 2016
• Last updated: 6 February 2017
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  1. 6 February 2017

     Contact details have been updated.

  2. 16 March 2016

     First published.

Documents

Clarification to finance costs restriction for landlords

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Details

This measure will clarify that the basic rate tax reduction is available to beneficiaries of deceased persons’ estates. It also ensures that the basic rate tax reduction applies and is calculated as intended.