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Posted Thu, 11 Jan 2024 13:27:38 GMT by
I owned a single rental property whose final tenants were evicted The eviction took place in January 2023 and I spent £1500 on a house clearance to empty the house to clear the rubbish left by the tenant. Is this an allowable expense as it took place after the eviction but before the property was sold
Posted Mon, 15 Jan 2024 12:32:04 GMT by HMRC Admin 8 Response
Hi,
The costs of bringing the property back up to standard are allowable if they were incurred 'wholly and exclusively' for the property business: PIM2120.
Thankyou.

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