Companies: Tax Allowances

HM Treasury written question – answered at on 26 March 2015.

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Photo of Pamela Nash Pamela Nash Labour, Airdrie and Shotts

To ask Mr Chancellor of the exchequer, how many rental companies claimed interest relief in each year since May 2010; and how much such relief was awarded in each such year.

Photo of David Gauke David Gauke The Financial Secretary to the Treasury

This information is not available. Companies with income from property cannot deduct interest as an expense against their property income as they are within the loan relationships regime.

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