Rental income - what expenses?

simpywimpy

Apart from the obvious mortgage interest, insurances etc, where can I look for info on what to claim as expenses again the rental income?

Im struggling to find a good guide and as Im working full time now, I need to use everything available to me to reduce my tax bill.

saintalan

Insurance
Gas/electric certification
Maintenance (not improvements)
£120 pa Home office/Admin etc
Fuel for necessary visits

Hope that helps

booksurr

simpywimpy wrote: »

where can I look for info on what to claim as expenses again the rental income?

presumably you are finding it "hard" to use google?

http://lmgtfy.com/?q=rental+expenses+and+tax+

purdyoaten

Wear and Tear allowance if furnished.
Professional Fees - letting agents

PlutoinCapricorn

This article is recent and looks useful:

http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/10946303/How-to-maximise-your-buy-to-let-profits-by-paying-less-tax.html