SA for newbuild rental question

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    SA for newbuild rental question

    Hi,

    We built a little house and rented it out.

    As its new, I assume cost of carpets, oven/hob cannot be calimed as these are capital? (it's not furnished just carpets and integrated hob/oven)
    I read that new windows are now claimable but as they went in new and not replacing old ones, I assume these cannot be included?

    Any help appreciated.

    Thanks

    #2
    If the hob is integrated it's a fitting and a capital item.
    Carpets are furnishings and are neither capital or operating costs (and can't be claimed for) - a clever/disreputable accountant might describe them as "flooring".
    Replacement windows are maintenance (allowable against revenue), but new one's are capital.
    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).

    Comment


      #3
      Hi, thank you for the response, finally could I include the cost of felling a tree from the garden of the rental?
      Many Thanks

      Comment


        #4
        Originally posted by gcltd View Post
        Hi, thank you for the response, finally could I include the cost of felling a tree from the garden of the rental?
        Many Thanks
        Yes - as maintenance.

        Comment

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