Claiming CAs on FHL
I bought a barn in 2007 and converted it over the next 2 years. I have FHL losses 2009/10 to 2011/12 and claimed sideways loss relief 2009/10 (I hope to have a profit within a few years time). I have put through some expenditure as AIA but the bulk of my development costs in 2008/9 (pre-letting) is unclaimed. My questions are:
1. Can I claim CAs in the year 2009/10 and then claim as losses against my other income?
2 How do I calculate the CAs, a specialist CA co. I spoke to would send a valuer to the property to value the CAs, is this an acceptable way?
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