Tax relief on extension to rental house

[roytheboyo]

Hi,
If a landlord spends their own money (not borrowed) on extending a rental property how does he treat this spend tax wise, is the relief 12.5% of spend for 8 years, like capital allowances?
Thanks, roy.

 

[Galwayboy]

It will count against your capital gains bill when you sell the house. Not allowed as wear and tear generally (only for the replacable items like carpets, furniture etc)

 

[Paddy199]

Is the rental property residential or commercial. Some commercial properties have special capital allowance schemes such as nursing homes.

I presume your property is residential in which case Galwayboy has already answered.