Hello could someone give me the reference in the legislation concerning repairs and renewals v capital of investment property works? Thanks
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Repairs - Capital or Revenue
Maybe a good start is with the HMRC Property Income Manual with a look at :~
http://www.hmrc.gov.uk/manuals/pimmanual/PIM2020.htm
Quite a bit of the "guiding rules" are the tax cases covering this topic and many are included in this paragraph, as are the references to legislation.
I hope this helps
They also provide one of their Toolkits
Property Rental (PDF 209K) that gives you further insight to their view and areas they consider to be problematic