I would like to enter a percentage of the interest on my mortgage as an expense, but I am not sure which cost category this falls under. Can anyone clarify this for me?
I thought it would be under “property maintenance, partially related to your profession”, but I am not sure here…
I am also curious about the answer. From the standard cost categories, this seems to be the best, but I don't think it really fits, so perhaps you could create a new one yourself, simply called "Mortgage interest". Does anyone other have any ideas?
What I'm still wondering (but I don't want to hijack your question) is what you provide as supporting documentation. A copy of a bank statement if it states sufficient details?
I use a copy from my repayment table for this, which clearly states the interest per month.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
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