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Posted Wed, 24 Apr 2024 16:31:36 GMT by GIKASH1312
I recently purchased a house in UK to live in with a mortgage. I am not a first time buyer as I have a flat in India. As I am residing in this house in UK and paying taxes on my foreign rental income, I would like to know if I can adjust this UK mortgage interest with my tax bill in UK. If yes, where should it be put in the Self Assessment form ? Thank you
Posted Tue, 30 Apr 2024 10:16:26 GMT by HMRC Admin 8 Response
Hi,
No. you can only claim expenses that actually relate to the property you are renting out.
Your UK mortgage cannot be set against it
Thank you.
 

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