Property Income

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

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March 1, 2024 at 5:40 pm #701590
fdxnghd
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Hello Filipa,

Under what circumstances can property mortgage interest be deducted when calculating property income?

This includes scenarios such as self-employment and company.

Because I noticed in some exercises that we are not allowed to deduct it.

Thank you for your help,
Filipa
March 2, 2024 at 4:13 pm #701705
JillyB
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Individuals – the expense is not allowed and there is a tax reducer instead
Companies – the interest paid is dealt with as Non-trade loan interest rules in TTP
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