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Posted Thu, 14 Nov 2024 10:00:17 GMT by Johnofengland
I have sold my second home. When I bought it the property was in a poor state but habitable. I replaced the old kitchen and 2 bathrooms with new, luxury, versions at a cost of £50k. As part of this renovation I also decorated throughout. These works led to a 22% increase in value in 3.5 years. Can I claim these works as improvements for capital gains purposes?
Posted Mon, 18 Nov 2024 10:38:40 GMT by HMRC Admin 17 Response

Hi ,
 
The kitchen and bathroom yes, decorating no  .

Thank you .

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