My client rents her propery out. By her own admission it is sparsely furnished, if at all furnished.....white goods only! The 10% wear and tear allowance has been claimed.
The previous agent has claimed the 10% wear and tear allowance.
PIM3200 seems pretty clear to me that the 10% isnt allowed if the proprty is ony part furnished or is furnished.
Am I missing something?
PS if I am correct, do I need to correct previous tax returns? We are only talking about a claim of £875 for the property, split between two people.