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to help my daughter financially
I'm afraid that you were not entitled to tax relief for the interest paid on a mortgage to provide funds to help your daughter financially.Tax relief is only available for interest paid on a loan where the funds were used for a business purpose, buying and letting of a property including a property which may been the owner's main home before it was let or the purchase of a property before 1 April 1988 for a dependent relative to live in. Other qualifying uses are set out here and here.I hope this clarifies things for you. Let me know if you have any further questions.