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Legislation
Finance Act 1994

Crossheading Income tax: charge, rates and reliefs

  • Section 75 Charge and rates of income tax for 1994-95.
  • Section 76 Personal allowance.
  • Section 77 Rate of relief to married couples etc.
  • Section 78 Amount by reference to which MCA is reduced.
  • Section 79 Relief for maintenance payments.
  • Section 80 Limit on relief for interest.
  • Section 81 Mortgage interest relief etc.
  • Section 82 Relief for blind persons.
  • Section 83 Medical insurance.
  • Section 84 Relief for vocational training.
  1. Income tax: charge, rates and reliefs
  2. Limit on relief for interest.

Section 80 | Limit on relief for interest.

From legislation.gov.uk

For each of the years 1994-95 and 1995-96 the qualifying maximum defined in section 367(5) of the Taxes Act 1988 (limit on relief for interest on certain loans) shall be £30,000.

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