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Posted Fri, 01 Sep 2023 09:46:54 GMT by Justin P
I'm a non-resident landlord and would like to confirm if I can or cannot use my monthly mortgage interest repayments (I think these are called finance costs) to reduce my tax (I think this is called tax relief) I think this is the best page I found on this but I'm not 100% clear Does anyone or HMRC have insight or confirmation? Thanks
Posted Mon, 04 Sep 2023 11:14:44 GMT by HMRC Admin 10
Thank you for your question.  
Please refer to:
Deductions: interest: interest paid abroad which advises that the interest deduction is not affected by a customer’s residence status when computing profits and losses of their rental business.  
Please note that from 6 April 2020 income tax relief on all residential property finance costs is restricted:
Deductions: interest refers.

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