I have recently placed two of my rental properties into the HAP scheme.
One in April of this year and one in July of this year. I understand you have to wait three years before you can claim the full 100% of mortgage interest against tax. Does this mean that for the tax year of 2020 (filed in oct 2021), I can claim. Also am I able when filing that year to add on the missed 20% from the previous 3 years?
Sorry confused about this.
Thanks
One in April of this year and one in July of this year. I understand you have to wait three years before you can claim the full 100% of mortgage interest against tax. Does this mean that for the tax year of 2020 (filed in oct 2021), I can claim. Also am I able when filing that year to add on the missed 20% from the previous 3 years?
Sorry confused about this.
Thanks
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