Tax Relief Changes for Landlords
07 Aug 2014
HM Revenue & Customs’ have withdrawn a relief for the replacement of some white goods, furniture and soft furnishings.
Landlords can no longer claim tax relief for the replacement of free standing white goods in unfurnished residential lettings, HMRC have confirmed. This measure came into effect in April 2013 and will therefore affect rental accounts and tax returns for the 2013-14 tax year onwards.