F fitzie79 Registered User Messages 37 8 Apr 2008 #1 hi, i might be a bit optimistic here but is there any tax relief available on a self build? I know that if a landlord does up their house they can claim some tax relief on the amount they spent. Is there anything similar for a self build?
hi, i might be a bit optimistic here but is there any tax relief available on a self build? I know that if a landlord does up their house they can claim some tax relief on the amount they spent. Is there anything similar for a self build?
D davidoco Registered User Messages 985 8 Apr 2008 #2 Short answer is no, there is tax relief on the mortgage interest that you pay but that's about it. A landlord situation is that the property is a business and is treated in similar ways to a business that inputs are allowable against profit.
Short answer is no, there is tax relief on the mortgage interest that you pay but that's about it. A landlord situation is that the property is a business and is treated in similar ways to a business that inputs are allowable against profit.