Hi,
Was wondering the same thing is section 23 relief now only a available up to 1st January 2015, like the accelerated capital allowances. Or has section 23 relief been allowed to roll over till it is all used up.
I ask because I have a section 23 property bought in 2006, with relief of 300k. Have not used it yet as I was using up my Capital Allowance Frist and I believe you cannot claim both at once. Do I have till 2016(10 Years)?, 0r 2015(announced Budget 2012)?, Or do I have as long as it takes to use up the relief/Loss going forward, be it 10-15-20years as it was originally stated when I purchased the property??? If anyone can advise me "Thank you in advance"