Capital or revenue expense?

Capital or revenue expense?

Didn't find your answer?

Taxpayer lived in home for 5 years, then let for 5. He then spent £12k repairing (all like for like) and redecorating before putting up for sale. Can the £12k be claimed against letting income, or should it be included in the CGT calculation. He has no other let property

Replies (1)

Please login or register to join the discussion.

avatar
By duncanedwards
21st Aug 2014 12:56

I refer you
To my answer to your identical posting.

Thanks (0)