Tax Insider Tip: Tax Relief For Replacement Of Domestic Items
Depending on the nature of the let property, landlords will typically provide domestic items to a greater or lesser degree. It is inevitable that after a period of time, these items will need replacing. When they do, the landlord will be able to claim tax relief, provided that certain conditions are met.
In June's issue of Property Tax Insider, Sarah Bradford explores the relief available to landlords when they replace domestic items in properties they let out.
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