legal fees offsett my rental income ?

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  • alice123
    replied
    Thank-you Jpeaks much appreciated its very good to know that now

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  • jpkeates
    replied
    All of those fees were incurred by the business and are allowable against income.

    Leave a comment:


  • alice123
    started a topic legal fees offsett my rental income ?

    legal fees offsett my rental income ?

    Hi all , i had some legal fees to pay which were about 1,500 , which were due to the fact that the tenant was suing me over the deposit, and i also had some legal fees in respect of tracing the tenants arrears . I did wonder if i may offest this against my rental income on my tax return (which was infact very small) -

    As they were 'professinal fees' was wondering if i may be able to do this ? I also have other fees which were to trace the tenant as they owed a year in rent

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