F finbar Registered User Messages 162 25 Sep 2009 #1 In the last budget the amount of interest you could write off against rent has been reduced to 75%. I am currently filling out form 12 for the 2008 return. Is the 2008 return based on the old system ie 100% write off oe the new system 75 % ?
In the last budget the amount of interest you could write off against rent has been reduced to 75%. I am currently filling out form 12 for the 2008 return. Is the 2008 return based on the old system ie 100% write off oe the new system 75 % ?
H Ham Slicer Registered User Messages 463 25 Sep 2009 #3 Make sure you are signed up to PRTB(or there will be no interest deduction) and NPPR too.