Mortgage Interest tax credit

[stan]

Just a quick question regarding the mortgage interest tax relief.

I bought my principal residence in April 2010 and last year submitted my tax return for the 30% refund of mortgage interest, which was accepted and refunded. I am aware that subsequent years, I can now only claim 15%, however, I have recently read this:

Tax credit for mortgage interest on principal

residence

The tax credit is 30% in the first year after

purchase, and 15% in the four following year.

My query is this....does the first year after purchase in my case mean that I can claim for 30% refund of interest for Jan, Feb and March 2011, and thereafter 15% of mortgage interest for the remainder of 2011, OR does the 2nd year or following year, mean that I can only claim 15% interest for the whole of 2011.

If someone can clarify this for me, I would be most obliged.

[Gardener]

If you bought partway through a year, you can still claim 12 months at the top rate.

So if you claimed 3 months last year for example , you can claim for the remaining 9 months, which you enter in box ? and 3 months at the lower rate in the box which if I recall rightly is underneath the other one .

I haven't got my copy of last years tax form to hand , but I will try and come back later with the box numbers.

[stan]

Thats great Gardener, thank you very much. I have found the 2 lines on the return for the differing amounts. Much obliged.