In the case of a loan taken out personally in 2008 to buy a premises and let it to the company I am a director of, is there now restriction on the amount of interest I can claim against the rent received?
I read somewhere that the restrictions will be
75% in 2011
50% in 2012
25% in 2013
No relief will be available for 2014 onwards.
Thanks in advance
I read somewhere that the restrictions will be
75% in 2011
50% in 2012
25% in 2013
No relief will be available for 2014 onwards.
Thanks in advance