Mortgage fees for a BTL mortgage arranged during the previous tax yearMake Text Bigger
I started receiving rental income in May 2015 and will therefore need to do a Self-Assessment in the months to come (I’ve only just informed HMRC).
However, my mortgage was arranged in December 2014. As expected, the arrangement fees were not negligible. Can I obtain any type of tax relief for those fees? Should I have performed a Self-Assessment last year for the 2014-2015? I possibly mistakenly thought that I would only need to start the Self-Assessment once I started obtaining rental income.
Any advice would be greatly appreciated.
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