Equipment purchases

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    Equipment purchases

    Sorry if this has been asked before, but I cant see a similar post.

    Situation : I am redecorating a property after a tenant moves out, and to carry out that decoration I buy some equipment (for example a sander). The equipment is only used for the rental property, and afterwards is retained for any future refurbs.

    Is it permissible to deduct the cost of the equipment against any profit from the rental for tax purposes ?




    But it may or may not be plausible depending what you buy and how many properties it serves, and how likely it is that the stuff has no other use.


      Surely it is a capital item, not a revenue item, although it might be covered by capital allowance legislation.


        I don't think the tax office is likely to start quibbling over such small expenditure so long as you are actually submitting a return and paying taxes due.


          I have 2 properties... and yes, I submit a tax return !!

          I have claimed consumable stuff before - paint, brushes, poly-filler etc but wasn't sure if equipment is allowable since at the end of the day I now have some stuff that has some value (but it is genuinely solely for the rental properties).

          I have had to buy a few minor pieces of equipment this year - a sander, heat gun, ear defenders - little stuff (<£25 each) but it soon adds up .


            Anything you buy for first time and keep for 2 years or longer is treated as "capital expense" .

            So if you buy a few tools to redecorate , after finish of work its best to sell everything for £1 to your next door neighbour and keep the receipt for sale of used tools in case tax man wants to check.



              Or I suppose I could sell them on ebay before the 2 year mark and claim the difference between the purchase and sale price ?

              Thanks guys



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