Property
Repairs vs improvements: what landlords can claim
Fixing something back to how it was is a repair you can deduct now. Making it better is an improvement, which may help with Capital Gains Tax later instead.
1 min read
Every article, newest first: plain-English guides to tax, admin and money for the UK’s self-employed. Filter by topic.
Fixing something back to how it was is a repair you can deduct now. Making it better is an improvement, which may help with Capital Gains Tax later instead.
1 min read
Rent minus allowable costs is your taxable property profit. Mortgage interest follows its own rule, and letting a room in your home may be tax-free.
1 min read