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Ques – On 6 April 2020, Danh purchased a freehold house which was then let out. The total
amount of rent received during the tax year 2020/21 was £14,400.
(2) Danh partly financed the purchase of the property with a repayment mortgage, paying
mortgage interest of £10,000 during the tax year 2020/21.SO here as per notes it says that this is deductible from maine residence however here its nil and then dudcted 10k *20% from income tax liability why ?
The notes do NOT say that mortgage/loan interest is a deductible expense – see Chapter 3 Section 3 page 17
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