You are here: Home Page
/
Dictionary
Moneyextra.com
- Our Online Buys
- Get a Loan
- Get a Credit Card
- Get a Mortgage
- Cheap Car Insurance
- About Us
- Contact Us
- My Portfolio
-
Money News
- Finance Features
- News Feeds
- Guides
- Dictionary
MIRAS
Additional Services
- Conveyancing - get a competitive online quote
- Credit Reports - how credit worthy are you?
- Home Insurance - great buildings & contents cover
MIRAS stands for 'Mortgage Interest Relief at Source' and was scrapped on 5 April 2000. MIRAS was the most common method of providing borrowers with the tax relief they were entitled to on their mortgage interest payments.
The lender automatically deducted tax relief at the rate specified by the government by reducing the level of repayments required.
Last Updated: January 2008 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.