Buying a sofa for rental property to replace the old sofa

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    Buying a sofa for rental property to replace the old sofa

    Hi
    Ive found a cheap but nice sofa from Facebook Marketplace to replace the old knackered sofa in the rental property. Can I claim this as an expense? If so, do I need to get a receipt from the person Im buying from?
    Thanks





    #2
    Does it have correct fire labels? If not, forget it.

    If it does, yes, ok. Get receipt
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

    Comment


      #3
      Originally posted by theartfullodger View Post
      Does it have correct fire labels? If not, forget it.

      If it does, yes, ok. Get receipt
      Or does the OP have a printer?

      Comment


        #4
        I picked the sofa up last night, and it has the fire retardant labels. (Its DFS sofa they bought new about 3 years ago).

        I didnt get a receipt, although I could msg her on facebook today and ask her for one. I paid her via PayPal, could I use that as a receipt?

        Thanks


        Comment


          #5
          PayPal should suffice. Its highly unlikely that you're ever asked to submit receipts by HMRC anyways, unless you're a big shot or you have some dodgy dealings.

          Comment


            #6
            Great - thanks. I can always supply our facebook correspondence if they needed further proof. (although hopefully I wont need to as Im not a big shot and I certainly dont do dodgy dealings!)

            Comment


              #7
              Hi.
              This is an extension of my original question: I now need to buy a replacement table. As it happens, my mum is selling one. If I pay her using my credit card (or debit card) will HMRC accept that as proof of purchase?





              Comment


                #8
                How would you prove price was expected market price? Being a relative (no offence to mum) would make HMRC more suspicious.

                I almost always buy new.
                I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

                Comment


                  #9
                  Can't she just write you a reciept?

                  Comment


                    #10
                    Same comment as before: get a written receipt and male sire the price is reasonable. HMRC is unlikely to ever request receipts anyways but this should more than cover you. No reason not to use relatives, many people do it where wife is landlord smd husband is handyman doing work and repairs.

                    Comment


                      #11
                      Thanks. Good points.

                      Yes, being my mum, the price is more than reasonable!

                      Should the receipt just contain date/price paid/product/signature?


                      Comment


                        #12
                        Yes.

                        I was once asked by HMRC to send all my stuff, then they said I didn't have to - after I'd sent it. Grrrrrrrrr.

                        Comment


                          #13
                          Is your mum registered for credit card payments then?

                          Comment


                            #14
                            Good point! No shes not. (I suppose Im used to paying companies [who do accept credit cards])

                            Comment


                              #15
                              Originally posted by jtufty View Post

                              Should the receipt just contain date/price paid/product/signature?

                              Who paid it; who it was paid to.

                              Comment

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