Property business interest cost

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Tax Tutor.

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May 16, 2020 at 4:03 pm #571044
jean989
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Dear Sir,

Will we be assessed on 2020/21 finance act in property income for year 2020 exams ?

i know that we are assess 25% of interest against income tax and 75%*brb against income tax liability

but what are the rules for 2020/21?
May 20, 2020 at 9:23 am #571292
Tax Tutor
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No – you will be examined on FA 2019 as per the study notes – and you simply need to learn the content of those notes on this issue and indeed every other issue
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