D
DuckBill
Guest
I have a holiday cottage near Cork, which I let out to friends and family. However, I'm a UK national and was just wondering if there are any tax advantages that I could exploit; for example I've heard that I might be able to use my capital allowance entitlement. I bought my property 8 years ago and someone said they thought I can claim back capital allowances historically, as long as the assets are still owned in the later tax year. Is this correct? And are there any other criteria I'd need to meet?