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230610 |
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230610 |
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230610 |
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make mortgage interest or rent partially tax deductable |
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It seems unfair that somebody who owns their own property and has a lower cost of living pays the same tax as somebody who rents or has a mortgage. I suggest we add a tax deductible allowance for rent or mortgage interest, capped at a low level that is comparable to the lowest rent within the uk. |
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After doing some a search on rightmove, I found some flats available for between £100 and £200 per month. I suggest we make rent or mortgage interest payments tax deductible up to a limit of £2000 per year, but scale this every year based upon a yearly government analysis of uk rent/interest payments.
If we combine this with a family allowance, it may help alleviate the following problem:
https://www.bbc.co.uk/news/business-45487695 |
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2018-10-17T09:26:55.346000+00:00 |
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2018-10-24T14:16:47.063000+00:00 |
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