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Are home improvements on a second property tax deductible?
vincent.lee
Posts: 72 Forumite
in Cutting tax
If I was to buy a house, make renovations on it and sell it on, are the renovations tax deductible from the income tax, just as the stamp duty, selling and legal fees are?
If I was to rent out said house, could I, similarly, include the tax deductibles when I do my annual self-assessment on my income tax?
If I was to rent out said house, could I, similarly, include the tax deductibles when I do my annual self-assessment on my income tax?
0
Comments
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1. - What makes you think Income Tax would be due?
2. - Depends what they are0
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