A limited company setup in April 2018 as a rental property business. Purchased one property under limited company in January 2019 with mortgage but has not been able to get the property ready for let
We are about to complete the 2018/19 accounts and wondered if arrangement fees, council tax and mortgage interest would be tax deductible even though the property was not ready to let.
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Arrangement fees and interest you really ought to look at Non Trade Loan Relationship debits.