Accounting Journal

Accounting Journal

Relief for replacement domestic items

Asif Patel's avatar
Asif Patel
Jul 18, 2024
∙ Paid

Landlords letting residential property are not entitled to a deduction for the cost of the domestic items that they provide in the property. They are not able to claim capital allowances for the cost of those items either. However, relief is available when they replace the items, allowing the landlord to deduct the cost of the replacement, as long as th…

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