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Posted 2 months ago by Gagan Anand
Buy to let property owned by an individual, was rented and due to fire incident property was burnt. To secure the property immediately after the fire, it was boarded and scaffolding was installed with some other urgent works performed. Does the cost of the expenses incurred to secure the property and to repair the property are revenue expenditure for UK rental property accounts
Posted about a month ago by HMRC Admin 20 Response
Hi,
The costs incurred to secure the property, i.e. boarding and scaffolding would be allowable expenses.
If structural works have been carried out to bring the property back to its original condition, these may be deemed as capital expenses, so would not be allowable costs. Please refer to PIM2030 for further information: PIM2030 - Deductions: repairs: is it capital?.
Thank you.

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