I've checked the forums for a definitive answer but I can't find one specifically for this scenario:
I have purchased a flat for BTL purposes - the kitchen / bathroom are useable ( if slightly dated / grubby ) and could do with like for like replacement to enhance future letting prospects.
If I carry out the work now ( before the first let ) can it be considered as a fully taxable expense?
I have purchased a flat for BTL purposes - the kitchen / bathroom are useable ( if slightly dated / grubby ) and could do with like for like replacement to enhance future letting prospects.
If I carry out the work now ( before the first let ) can it be considered as a fully taxable expense?
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