Sarah Noble
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RE: claim 20% mortgage loan interest relief for finance cost of property
Hi Clive, thanks for your input, I was going to repost my question! I will document cumulative unused financing costs in my 2425 return when I should have a net profit against which to claim this relief. Thanks again -
RE: claim 20% mortgage loan interest relief for finance cost of property
Hi there. With regard to the carry forward of unused financial costs to a future year please could you advise how many years you can carry forward please? Is it just the current year of unused financial costs or can you do multiple where you have had 2 years of losses? In a 2425 return I assume you would include in box 45 the previously unused financial costs for 2324 (& previously if more than 1 year c/f is allowed).? Many thanks in advance.