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Old 24th March 2021, 00:06     #1062
fixed_truth
 
Quote:
The bright-line test - the tax on investment property - will be increased from five years to 10 years, but it will be kept at five for new-build investment properties. The family home will still be exempt

The Government will remove the ability for property investors to offset their interest expenses against their rental income when they are calculating their tax
Doesn't sound like nothing to me.
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