Self-Assessment Income Tax allowances on a former rental property

TrikerJohn

We recently sold our former family home, which we had let out for the last 9 years. During the time it was let, I claimed the permitted allowances (latterly, the flat £1000) against rental income when completing my SA return. Our tenants departed at the end of October last year, and we subsequently had to spend close to £3000 on redecoration and insurance, council tax and utilities up until the time it was sold.

I assume that once the tenancy terminated, I ceased to be entitled to allowances against the costs outlined above? However I thought I'd pose the question before submitting my SA return.

Jeremy535897

Unfortunately the relief for post cessation (when the lease ended on your former home, unless you let out any other property) property expenses is extremely limited, and unlikely to cover the sort of expenses you mention. See:

https://www.gov.uk/hmrc-internal-manuals/property-income-manual/pim3000