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Legislation
Finance Act 1999

Crossheading Relief for interest payments

  • Section 37 Limit on relief for interest.
  • Section 38 Withdrawal of relief for interest on loans to buy land etc.
  • Section 39 Withdrawal of relief for interest on new annuity loans.
  • Section 40 Annuity loans: residence requirements and re-mortgages.
  • Section 41 Repayments attracting repayment supplement.
  1. Relief for interest payments
  2. Limit on relief for interest.

Section 37 | Limit on relief for interest.

From legislation.gov.uk

For the year 1999-00 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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