What allowances and expenses can residential landlords claim for rental property?
Landlords could be in line for further tax reliefs to make improvements to their properties following a recent Parliamentary committee recommendation. Our landlord and tenant specialist, Joy Hancock explains what tax reliefs are currently available to landlords.
What are the allowable expenses a residential landlord can claim?
The most common types of expenses you can claim are:
General maintenance and repairs to the property, but not improvements (such as replacing a laminate kitchen worktop with a more costly granite worktop…