Community

Mortgage interest

YDS
2024-08-15

Question

Dear Sir/Madam, I read in one of your articles that there are three important reasons not to include your home loan, for example when selling (https://dexxter.be/drie-redenen-kantoor-huis-beter-niet-inbrengen-als-kost/#:~:text=The%20parents%20are%20going%20to%20rent%20it%20out%20for%20professional%20activities). Does the above article refer to writing off the purchase value (e.g. the space is 10% of a house from £300,000 and therefore worth £30,000), or does it refer to including the interest on your mortgage loan? In other words, is it disadvantageous to include the interest on your loan, or are there no disadvantages associated with this?

Thanks in advance!

Hello,

It is indeed about writing off the purchase value (or renovations).

Deducting (part of) the interest on your loan is no problem! :)

Kind regards,

Your Dexxter Expert

Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Taxes not yet received

Is there a complete list of everything you can claim as expenses, including percentages and whether you can reclaim vAT?

SME portfolio

financial plan for loan

From accountant to Dexxter

Transfer in case of mixed vAT

Entering student job

Yearly membership that continues into 2025: how do I enter this?

Credit note gives error message

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter