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IT Pro

By Will Sturgeon

Published: Tuesday 16 November 2004


Name

Alex Williamson


Location

Surrey


Occupation

Accountant


Comment

I assume this refers to the Home Purchase Scheme. This is an allowable scheme devised by the Revenue - it can hardly be regarded as a "loophole". The term loophole should be restricted to unintended benefits available through the taxation regime. Whether it is of any actual benefit depends of course on individual circumstances.



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