Tax Insider Tip: The Big Pre-Letting Expenditure Misconception
Landlords know that the easiest time to update a property is before it is first let. But, however necessary the work, will HMRC say it is capital expenditure that cannot be claimed against rental income?
In a recent issue Property Tax Insider Lee Sharpe looks at the rules for claiming tax relief on expenses incurred before you first let a property.
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>> The Big Pre-Letting Expenditure Misconception