Skip to content

Ask the Tutor ACCA TX-UK

Property busness

Former userFormer user6y ago

[Content removed at user request]

TTTax Tutor6y ago#1
Yes it is property income
Kkala6y ago#2
Hi, First time posting question, not sure if I am at right place, For buy to let property, is boiler replacement allowable expenditure ? Thanks
TTTax Tutor6y ago#3
I would assume a boiler to be a part of the property and would not therefore be eligible for domestic items relief even if the property was let furnished and would therefore be treated as a capital cost and would be deducted as an allowable cost in computing any chargeable gain arising on disposal
TTTax Tutor6y ago#4
I think you need to read my answer again - the cost is NOT set off against property income.
Sign into reply to this topic.