Wear & Tear vs Replacement relief after April 2013 - change?

 

It's been the case that landlords letting furnished property could claim either the 10% wear and tear allowance, or the replacement relief, which I know is a concession by HMRC. I'm also aware that:

"Whatever basis is chosen must be followed consistently. It isn’t possible to chop and change between the wear and tear allowance and the renewals allowance from year to year."

Fine. Always stuck to that, however Nichola Ross Martin recently wrote an article saying that HMRC are withdrawing the replacement relief from April 2013. That being the case, a taxpayer previously using this method MUST now "chop and change".

That being the case, can we do it now in 2012 if we know the other method is effectively defunct?

Any idea?

 

 

Comments
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Maybe...

George Attazder |
George Attazder's picture

Someone is not reading the question perhaps?

Nichola Ross Martin |
Nichola Ross Martin's picture

Balls-derdash!

George Attazder |
George Attazder's picture

Eye problems?

Nichola Ross Martin |
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Nichola

George Attazder |
George Attazder's picture

"one has to assume..."

Nichola Ross Martin |
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I know there were a lot of words to grasp...

George Attazder |
George Attazder's picture

OK, put you out of your misery

Nichola Ross Martin |
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No!

George Attazder |
George Attazder's picture

Sad for the forum

Nichola Ross Martin |
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Exaggeration

George Attazder |
George Attazder's picture

Help for anyone who is confused

Nichola Ross Martin |
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Yes but

George Attazder |
George Attazder's picture

Pseud - so you were wrong then

Nichola Ross Martin |
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Yawn!

George Attazder |
George Attazder's picture

So in short...

norstar |

Norstar

Nichola Ross Martin |
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Ah so...

George Attazder |
George Attazder's picture

except that

Nichola Ross Martin |
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Oh but I did!

George Attazder |
George Attazder's picture

Pseud,

Nichola Ross Martin |
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What I'm missing?

George Attazder |
George Attazder's picture

Pseud

Nichola Ross Martin |
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Banana hammock!

Constantly Confused |
Constantly Confused's picture

Eh?

George Attazder |
George Attazder's picture

Dear god, I think I'll shoot

norstar |

Fridge in an unfurnished property?

m.wardle2 |

Can you claim for replacement

Kmanu |