james0932854
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RE: First time lease and agents' commissions
Hi Stephanie, My understanding is that capital expenditure is anything associated with the purchase of a property and anything that is making a marked increase on the property value eg. upgrading kitchen worktops. Everything else is an expense and deductible in the current years accounts. However I am not an accountant and you should get advice on this issue. I use a letting agent in southport that helps me with this sort of thing.
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