Tax Insider Tip: The Big Pre-Letting Expenditure Misconception

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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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