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Posted Tue, 02 Apr 2024 14:50:22 GMT by JK_Landlord Kennedy
Hi, I'm a full time sole trader property landlord. All my income is from rent. I have a question regarding mortgage early repayment charges. Can this expense be claimed in the residential property finance (section 44 in the SA if I remember correctly)? Thanks, 

Name removed admin .
Posted Thu, 11 Apr 2024 17:16:43 GMT by HMRC Admin 20 Response
Hi JK_Landlord Kennedy,
An early redemption Fee is not an allowable expenses for either Capital Gains or Rental Income.
Guidance is shown at:-
BIM45820 - Specific deductions - incidental costs of loan finance: exclusions from relief
and
CG15250 - Expenditure: incidental costs of acquisition and disposal
Thank you.

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