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Rental, roof replacement costs for tax purposes question

Hello

I've been thinking about getting a new roof on a rental.
A few weeks ago I was advised that the felt under the tiles had gone and the nice roof moved slates from various areas of the roof took pics to show me little holes, wear and tear via age.

I have two choices, replace felt on the whole roof and reuse tiles they are of the concrete type I'm advised. A few other houses in the road have had their roofs replaced inc tiles and I often wandered why as roof looked good. I spoke to another property owner they had the same problem as us.

Re self assessment tax form it is unclear to me. I know about repairs to items in rentals and claiming against that. However, if we re-did the whole roof, its not an 'improvement' but a longer term cost effect repair, would I be able to claim against the whole roof?  (someone we know that has several properties and has claimed for a new bathroom, kitchens, roof, fence, ie the whole thing as he said it was "not an improvement but cost effective repair." I agreed with him but then read the gov website, see below.

I like to be accurate.

Thanks in advance if you can help

From gov site
https://www.gov.uk/guidance/income-tax-when-you-rent-out-a-property-working-out-your-rental-income

Maintenance and repairs costs

Allowable expenses include the costs of maintenance and repairs to the property (but not ‘capital’ improvements).

A repair restores an asset to its original condition, sometimes by replacing parts of it.

Property repairs can include:

  • replacing roof tiles blown off by a storm
  • replacing a broken-down boiler
  • redecoration between tenants to restore the property to its original condition

Replacing a part of the property with the nearest modern equivalent is still a repair if the improvement is incidental to the repair, such as replacing a single-glazed window with a double-glazed window. Check examples of typical maintenance and repair costs.

If you have an insurance policy t



Comments

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 January 2023 at 7:01PM
    If it's not cost effective to repair the roof, you can claim the full cost of replacement. A weathertight roof is not a capital improvement, it's a necessity.
    No free lunch, and no free laptop ;)
  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    macman said:
    If it's not cost effective to repair the roof, you can claim the full cost of replacement. A weathertight roof is nor a capital improvement, it's a necessity.
    Hi
    Many thanks and confirms my mates stance. The gov info is not clear but I'll go along with that as it makes sense. I can safely assume its applicable to kitchens, bathrooms, fences at times as long as it is not an improvement.

    Thank you

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I don't see anything unclear in the gov't info you quoted from?
    No free lunch, and no free laptop ;)
  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    macman said:
    I don't see anything unclear in the gov't info you quoted from?
    Hi
    To me, it was not clear hence the post. The bits i posted in OP only talk about doing the odd wind/slates/worktop, see below

    Allowable expenses include the costs of maintenance and repairs to the property (but not ‘capital’ improvements).

    A repair restores an asset to its original condition, sometimes by replacing parts of it.

    Property repairs can include:

    • replacing roof tiles blown off by a storm
    • replacing a broken-down boiler
    • redecoration between tenants to restore the property to its original condition

    Replacing a part of the property with the nearest modern equivalent is still a repair if the improvement is incidental to the repair, such as replacing a single-glazed window with a double-glazed window. Check examples of typical maintenance and repair costs.

    If you have an insurance policy t





  • Olinda99
    Olinda99 Posts: 1,966 Forumite
    1,000 Posts Third Anniversary Name Dropper
    You can claim the full cost of the roof repair against rental income
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