Kenton Sparks
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RE: Post tenancy redecoration and repair costs
I have one property which I am selling and the tenants have now left and the property has been redecorated. Is this expenditure allowable against either Revenue or Capital gains tax as a cessation expense or under different provisions I also sought advice from a planning expert on whether my flooring complied with planning consents. Is this allowable either against revenue or as capital. Thank you -
RE: CGT and Charity Donations
Could HMRC please clarify their answer to the original question which I have reframed? 1. I sell a property for £500k. 2. Capital gain is £75k. 3. I make a charitable donation (gross) of £75k, £60k net. 4. For the purposes of this example I have no other income. 5. Is my donation allowable against CGT.