Case Studies

Property Landlords

Many clients are confused about what expenses are allowable for tax purposes.

Here are some of the allowable expenses –

  • Mortgage interest
  • Insurance
  • Repairs
  • Letting fees
  • Management fees
  • Accountancy fees
  • PRTB registration

Other allowable expenses are often overlooked –

  • For landlords with multiple units, a reasonable level of motor/travel/phone should be allowable where the landlord deals directly with many tenants in collecting rents etc
  • Mortgage protection policies
  • Fixtures & Fittings in purchased property – vendor should identify these items and you will be able to claim a tax deduction by way capital allowances on these over 8 years
  • Expenditure on significant improvements is not allowable but repairs are – this can be a very grey area and we often help clients with this to ensure they are getting full tax deduction where justified.
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt