Submitted on Friday 18th May 2012
Published on Monday 21st May 2012
Current status: Closed
Closed: Tuesday 21st May 2013
Signatures: 5
Tagged with
income tax ~ Individuals ~ Tax ~ UK
Interest on Mortgages to be Tax Deductible
The amount of tax paid (Income Tax, VAT etc) by a normal household in the UK is at a very high level especially for individuals and families that have mortgage to pay as well.
This petition is to request Her Majesty's Treasury departmet to allow Interests on mortgages to be tax deductible for the their main home. Buying a house is a long term investment for a family and mortgage constitute a substantial outgoing and hence the interest must be tax deductible.
This tax relief is given to landlords for rental properties, Interests on Loan to Businesses etc - we request that this should be extended to Individual and families too. This will immensely help families.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
3.141.45.29 Tue, 05 Nov 2024 06:50:11 +0000