Tax Relief for Mortgage Interest Paid

Rob F

Registered User
Messages
23
It now looks like the Government has gone as far as it is willing to push the banks in terms of reducing variable interest rates, should we be pushing them to stop the gradual reducing of the tax relief for mortgage interest paid and reinstate it for all mortgage holder and not just for per 2013 mortgages. This would be help the people paying the most interest and maybe more likely now with the higher than expected tax revenue so far this year.
 
It now looks like the Government has gone as far as it is willing to push the banks in terms of reducing variable interest rates, should we be pushing them to stop the gradual reducing of the tax relief for mortgage interest paid and reinstate it for all mortgage holder and not just for per 2013 mortgages. This would be help the people paying the most interest and maybe more likely now with the higher than expected tax revenue so far this year.
 
I would much prefer to see my taxes being used to properly fund disability services (amongst other things) rather than further subsidising the debts of any home owner.

Sorry.
 
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