Big claim re let property

Mr G took a 9-month lease on an office. He was assured that he did not need to insure the structure of the office, but this was wrong advice. The boiler exploded soon after he moved in, and he has been told by the letting agent that he is responsible for the resulting repairs of £100000. His profits are only around £50000 per annum. Will there be any problem in getting tax relief on such a large amount?

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I'm a bit confused

Euan MacLennan |
Euan MacLennan's picture

I too am puzzled

PennyC |

From the OP

noradh |

But

PennyC |

OP again

noradh |

Not the contents insurance

Euan MacLennan |
Euan MacLennan's picture

Agreed Euan

Chris Smail |
Chris Smail's picture