New boiler + Windows + bathroom replacements expense

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    New boiler + Windows + bathroom replacements expense

    Hi All, I am new to this forum so please excuse me.

    I have property1 transferred to wife only (lower tax band) in July prior to that it was tennant in common how would I file the tax return? Split into 50:50 for Apr- June and rest she can submit under her name ? DO I have to.mention anything in notes section of tax return explaining?

    Property 2 my residential home which I decided will sell later when I bought my new house but since it seemed to be working well so decided to continue renting for now.
    I have spent lot on property 2 such as new Windows, new central heating, fitted wardrobes etc over the last 2 to 3 years and bathrooms were only replaced at the beginning of tenancy as repairs for bathrooms would have cost me more if I had kept bathrooms in original.
    I also had to pay 3% additional on new house Guess I can not expense that anywhere unless I sell property 2 and claim back?

    Could you please assist here what i can/can't claim any of above ?

    regards

    #2
    Split by exact number of days divided by 365 between 7th April and date of transfer - 50:50 then 100%.
    Yes you could make a brief note.

    The only place you can "expense" the 3% is to offset capital gains when you sell.

    If the expenses you mention (windows etc) are when you were living there, you cannot claim that at all, though the bathroom if immediately pre tenancies you could possibly -- it depends.

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      #3
      Thank you Andrew.

      Comment

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