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Posted Wed, 04 Dec 2024 08:30:18 GMT by Simon H
Hi, hope you can help clarify a situation please. Completing 'Self Assessment' for year during which I moved abroad & started renting UK property. In the 'UK Property' pages is it acceptable to claim 'Property Expenses - Property repairs and maintenance' for works which were conducted while still living in the property, preparing it for renting. i.e electrical repairs & modernization to meet requirements for EICR (Electrical Installation Certificate) required by Estate Agents before renting.
Posted Wed, 04 Dec 2024 14:00:29 GMT by HMRC Admin 19 Response
Hi,
The following guidance covers expenses incurred before a rental business begins.
PIM2505 - Beginning and end of a rental business: commencement
It must meet special rules to qualify as an expense and be incurred wholly and exclusively for the purpose of the rental business. If you lived in the property as your main residence and had private use of this whilst carrying out maintenance, relief would not be due under these special rules. Your expenditure on rent would not be incurred wholly and exclusively for the purposes of your rental business as it was incurred to provide you with a home. Relief would be due under the ordinary rental business rules for periods after the property was let commercially.
Thank you.

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