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  • Insurance Expenses incurred on exchange date

    I currently have four properties for rent in UK. Recently, I have purchased an additional property for rent. The exchange date was on 5 April 2024 while the completion date will be 18 April 2024. On the exchange date of 5 April 2024 (last date of fiscal year 23/24), I purchased the landlord insurance for that additional property. May I know if the insurance expenses for that additional property will be regarded as deductable expenses? f yes, may I know if it should be reported in the 23/24 self assessment or in 24/25? I used cash accounting in previous years of self assessment. For the field of "Number of Property to rent" in 23/24 self assessment, should I put "4" or "5" in the return? Thank you.