[272A Restricting deductions for finance costs related to residential property]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[Calculation of profits: other general rules]

[272A  Restricting deductions for finance costs related to residential property]

[(1)     Where a deduction is allowed for costs of a dwelling-related loan in calculating the profits of a property business for the tax year 2017–18, the amount allowed to be deducted in respect of those costs in calculating those profits for income tax purposes is 75% of what would be allowed apart from

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