Final costs at end of rental period

I have just come to the end of a long period of renting out my property, which is now on the market for sale. I rented out the property for 23 years and had a local Letting Agent managing the property. I visited the property for 1 final time to inspect, clean and prepare prior to putting on the market. I also visited the Letting Agent after the property was vacated (end of contract) to recover the keys and any relevant paperwork plus final actions following my and their inspections. Can I use this travel & associated costs against the property rental income in the FY period?

Hi,

Yes, where a rental business consists of letting property it will normally cease when the taxpayer disposes of the last of the properties they are renting out or alternatively they begin to use all the properties for a non-business purpose.  

You can find guidance here:

PIM2510 - Beginning and end of a rental business: cessation

Thank you.