Expense

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    Expense

    Hi,
    My dad asked me today, if he spends the late summer in his property in Spain say 3 months and he flys back once a month to check and inspect would that be claimable?? I said yes can't see why not but then would the. Hmrc say from permanent residence?

    #2
    Is this a rental property and does he report his income from it to HMRC?? 3 months for an inspection?? Once a month to check and inspect what?? - his rental properties in UK?? ?? Clearly cheaper to employ someone to do it here in UK. Can't see that standing up to a HMRC investigation.

    Claimable against which of the 10+ taxes a landlord may pay?
    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...

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      #3
      My dad has 8 properties in total including a hmo, he does report his income to hmrc.
      He has said he on average inspects and has to sort out thing ie gsc accountant maintenance works etc once a month and as for getting a agent in Bristol you are looking at min 11%pcm and finding someone reliable and cost effective is difficult so on balance 3 plane tickets is value.

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        #4
        I think that HMRC will not allow 100% - I would say he should call them and ask

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          #5
          You can only expense things that are wholly and exclusively for the purposes of the business.
          I don't see how that would qualify because most of it is for the purpose of living in Spain, not for the business.

          No one does monthly inspections and it's obviously an attempt to funnel private costs into a business.
          When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
          Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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