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Allowances from losses in previous tax years

Posted Tue, 11 Jul 2023 14:09:33 GMT by
I have a flat which I will be letting out in September. I have a buy to let mortgage and I'm currently paying council tax on the empty property. Can I claim allowances for 20% of the mortgage payments and the council tax and if so how far back can I go? Thanks
HMRC Admin 20 Response
Posted Fri, 14 Jul 2023 14:39:12 GMT by HMRC Admin 20 Response
Hi Hamish120,

May I refer you to pre-letting expenses guidance held in Property Income manual PIM2505 which should answer both items. 

Thank you.

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