Skip to main content

beta This is a new service – your feedback will help us to improve it.

Removing asbestos from property

burger22a Edgar
Posted Sat, 17 Aug 2024 15:25:57 GMT by burger22a Edgar
I an selling a property which had asbestos in the roofing material, it was replaced with modern and safe materials. Is this an allowable expense against CGT as it is a particular improvement to the property and not just maintenance?
burger22a Edgar
Posted Thu, 22 Aug 2024 13:28:39 GMT by burger22a Edgar
I should add that the property has ben rented for a period of time.
Answer
HMRC Admin 19 Response
Posted Mon, 02 Sep 2024 07:47:04 GMT by HMRC Admin 19 Response
Hi,

Yes, it would be.

Thank you.

You must be signed in to post in this forum.