haarlemsdagblad

End of mortgage interest deduction hits those without wealth hardest: here is how it works

End of mortgage interest deduction hits those without wealth hardest: here is how it works

Starting in 2031, individuals without assets in box 3 will be most affected by the expiration of mortgage interest deduction. Under the new tax system effective from 2028, wealthier individuals will still be permitted to deduct their mortgage interest from their tax returns.

Based on reporting by haarlemsdagblad. Translated and condensed by LocalHeadlines.

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