Combat damp costs

In a flat that I own and rent out, I have had to fit a REMCON air circulation unit to help combat damp in the flat. Can this cost be set against my tax?

Hi
Thank you for your question.
A rental business cannot deduct the cost of capital expenditure when computing its profit or loss.
This includes the cost of buying and installing fixed assets used in the rental business.
Based on  the assumption that the unit is a 'fixed asset' , you cannot claim the costs incurred.
Capital expenditure on this item can be claimed against any capital gains tax arising should the property be disposed of.
Capital allowances