Major repairs to a let property – What is deductible?
Not all property repair costs are tax-deductible. Landlords must distinguish between revenue repairs and capital improvements to claim the right relief and avoid HMRC challenges.
Not all property repair costs are tax-deductible. Landlords must distinguish between revenue repairs and capital improvements to claim the right relief and avoid HMRC challenges.
From April 2026, APR and BPR will be capped at £1m per estate. Farmers passing on land, buildings, or a farmhouse should review their wills and succession plans to avoid higher inheritance tax.
Thinking of letting out a spare room? The Rent a Room scheme lets you earn up to £7,500 tax-free each year. Learn how it works, when to report income, and whether to claim actual costs instead.
If you own a holiday let, you may qualify for business rates instead of council tax, and even benefit from small business rate relief. Here’s what landlords in England & Wales need to know.