Land and Property: Mortgage Life insurance premiums

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT member discussion
Are these an allowable tax expense?
Thank you.

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Land and Property: Mortgage Life insurance premiums

    I asked the same question a while ago, but not specifically for Land & Property - here's the post:

    http://www.aat.org.uk/forums/posts/list/11317.page
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Land and Property: Mortgage Life insurance premiums

    Thanks, Jodie. Thank you for your advice and thread. Much appreciated. I have since learned that, although the insurance premiums themselves are not allowable, any incidental costs in setting up a life policy are deductible.

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