taxation architect fees

Haille

Registered User
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I have just spent 2700 euro on architect fees for plans for investment property.It is an existing house and shop unit.I got the plans drawn up so I can let out the house and change the existing shop unit to a self contained unit.My question is can I claim income tax relief as expenses incurred against future rental taxable income.
 
Hi Haille

From what you have stated it sounds as if the payment is capital in nature so you would instead get a capital gains tax dedcution instead of income tax deduction. Minor repairs and maint would qualify for income tax relief, but not costs associated with with changing a unit
 
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