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Posted Tue, 21 May 2024 08:03:55 GMT by Rufus99
We have recently sold my Mum's property following her death. She had lived in it for a number of years and it was looking very tired and worn. Prior to putting the property on the market we had it decorated and new carpets fitted, this improved how it looked after a number of years of neglect and therefore also improving it's value. Are we able to offset these costs against capital gains tax?
Posted Wed, 22 May 2024 09:56:47 GMT by HMRC Admin 10 Response
Hi
No as these are not capital costs.

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