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Posted Wed, 01 May 2024 12:58:43 GMT by Gordon Owen
I have a specific question regarding the eligibility of claiming certain expenditure on whether it would be revenue expenditure and therefore offset against the rental income or capital expenditure. It is regarding work carried out on installing wall insulation on a leased commercial property. Would this be considered maintenance and repairs ? Or would it be classed as capital expenditure improving the property? Any advice would be useful,
Posted Thu, 09 May 2024 14:37:09 GMT by HMRC Admin 19

It is largely a question of fact and degree in each case, whether expenditure on a property leads to an improvement, so we cannot give you a definitive answer. You will need to make that decision for yourself, based on the facts. You can see guidance here:

PIM2030 - Deductions: repairs: is it capital?

Thank you.

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