Updating post from Reddit.
I was at work and missed the budget but I've heard that in the new budget rachel reeves has removed the tax exemptions on interest repayments?
Does this affect limited companies?
Nothing changed regarding tax
Working people generally not affected but only benefit spongers. Some genuine people who have health problems will also be affected though sadly.
So not only 'spongers' at all then...
So not only 'spongers' at all then...
What about landlords who have bought the house through a limited company?
No not affected at all yet. Wait for the right to rent bill. They will throw in all sorts then.