LeaLcg
Joined: 4/6/2024
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RE: Property allowance
Hello, I received rental income on February and March 2024 (just over £1000), and got allowable expenses for 2023/2024. Could you please let me know if I can choose to claim the £1000 property allowance for 2023/2024, and carry forward these allowable expenses (property expenses + 20% of my finance costs) to 2024/2025 in order to claim them on rental income from the same property? Thank you in advance for your help.