Repair vs. Replacement ...tax deductable?
One of our let houses has a wooden conservatory that is rotten at the base and needs to be replaced. I have received quotes to replace it exactly, - same footprint, shape, size etc.
What proportion of the cost (£9-10k) can we claim against income as a repair in current and/or subequent years?
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.