Definition of MIRAS in English:

MIRAS

abbreviationˈmʌɪrəs

(formerly in the UK) mortgage interest relief at source.
Example sentencesExamples
- Once tax relief and Miras were removed it was no longer suitable as the main means of repaying a loan.
- But at that time, the first £30,000 of any mortgage - and the majority of those in Scotland - qualified for Miras tax relief, so the real cost of a home loan was even less.
- The decreased rate of income tax will cost the Treasury £2.25 billion, but abolition of the married couples allowance and Miras will raise £2.95 billion.

单词	MIRAS
释义	Definition of MIRAS in English: MIRAS abbreviationˈmʌɪrəs (formerly in the UK) mortgage interest relief at source. Example sentencesExamples Once tax relief and Miras were removed it was no longer suitable as the main means of repaying a loan. But at that time, the first £30,000 of any mortgage - and the majority of those in Scotland - qualified for Miras tax relief, so the real cost of a home loan was even less. The decreased rate of income tax will cost the Treasury £2.25 billion, but abolition of the married couples allowance and Miras will raise £2.95 billion.
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