Mortgage Interest Relief at Source(redirected from MIRAS)
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Mortgage Interest Relief at Source
Also called MIRAS. A former benefit in the United Kingdom in which individuals could take a tax deduction for the interest paid on mortgages up to 30,000 pounds (25,000 pounds before 1983). It was instituted to encourage home ownership. MIRAS was established in 1969 and eliminated in 2000.
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