Hello,
I rented my house between Aug 2012-Aug 2013.
I understand that I can claim 12.5% over 8 years on wear and tear.
Can I claim the full 12.5% in 2012 and 2013 or can I only claim pro rata for the months rented in 2012 & 2013 (ie total capital allowances x 12.5% /12 months x 5 months for 2012 etc)
Many thanks for any assistance.
Mark
I rented my house between Aug 2012-Aug 2013.
I understand that I can claim 12.5% over 8 years on wear and tear.
Can I claim the full 12.5% in 2012 and 2013 or can I only claim pro rata for the months rented in 2012 & 2013 (ie total capital allowances x 12.5% /12 months x 5 months for 2012 etc)
Many thanks for any assistance.
Mark