Are home improvements on a second property tax deductible?

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?

Comments

This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343K Banking & Borrowing
  • 250K Reduce Debt & Boost Income
  • 449.6K Spending & Discounts
  • 235.1K Work, Benefits & Business
  • 607.8K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards