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Is tax payable if I overpay on my mortgage?

Question:

Will I have to pay any tax on paying a lump sum on my mortgage?  

Arthur Weller replies  

There is no tax to pay on the repayment of a debt. 

Will I have to pay any tax on paying a lump sum on my mortgage?  

Arthur Weller replies  

There is no tax to pay on the repayment of a debt. <>

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This question was first printed in Tax Insider in April 2024.
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