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<p>It is assumed that the question refers to clause 24 of the Summer 2015 Finance
Bill: relief for finance costs related to residential property businesses.</p><p>
</p><p> </p><p> </p><p>To make the tax system fairer, the Government will restrict
the amount of tax relief landlords can claim on property finance costs (such as mortgage
interest or interest on loans to buy furnishings) to the basic rate of tax. This will
ensure that landlords with the largest incomes no longer receive the most generous
tax treatment. To give landlords time to adjust the Government will introduce this
change over 4 years starting from April 2017.</p><p> </p><p> </p><p> </p><p>The actual
number of taxpayers affected will depend on behavioural changes and other economic
factors.</p><p> </p>
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