New tools, self managed rentals. Allowable expense?

Bill90.

Registered User
Messages
59
Hi,

My main source of income comes from rental. I do all works myself and I am currently converting a commercial unit to residential before letting it out.

My drill packed up and a new one is 250+vat.

Can I put this against my expenses?.

My other income is from taxi driving and I am not a tradesman. I used to be in the trade's but not anymore.

Appreciate any advice.

Thanks.
 
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