vjs
Joined: 10/30/2023
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RE: buy to let Application costs from previous years
Thank you for this Guidance. How are costs related to the below considered, as these are exclusively done for the sake of rental business prior to commencing the renting 1. Gas safe, Electrical certificate expenses, 2. EPC charges related to rental 3. Any other expenses related to specific regulatory requirement for renting. Regards, -
buy to let Application costs from previous years
I moved from my property to a new one and converted my earlier property to a buy to let. While the move happened in Aug 2022, the mortgage application was made and approved in Feb 2022 ( previous tax year). I didn't have any rental income in that tax year and did not declare any expenses associated with the mortgage including application fee and advisor fee. Am I allowed to declare these costs and claim deduction and if so how should I go about it? Thanks