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  • Owner occupied homes should have a tax rebate on interest repayments. Seems to work just fine in plenty of countries. e.g. £12,000 annual interest repayment is taken out of gross earnings and lowering your taxable income. If you’re living mortgage free than it incentives to upgrade your home or otherwise pay full taxes.

  • Thanks. Somewhat surprised it was abolished rather than changed considering labour was in charge of it.

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