Any improvement costs to the property or replacement of integrated appliances i.e. kitchen and bathroom refitting, would not be treated as an expense against your rental income. This is because these are deemed to add value to the property. Instead, you would be able to claim these at the point that you sell the property to reduce the tax on the amount that you make from the sale.
What expenses are not allowable against rental income?
Updated on 19th July 2023
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