Replacing faulty electric strorage heaters
Tax Planning and Financial

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11 years ago
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Hi, two storage heaters at a property are apparently faulty beyong reapir and the cheapsest quote I've had for replacing them is around £1000. My feeling is that for that money I'd just as well put central heating in as can do the whole property for around £3000. My question is if I put the central heating in would that be seen as vastly improving on what was originally there and therefore be a capital expense of £3000 even though what's there needs replacing? Or could the £3000 be deductible against this year's income tax and if not is it possible to deduct £1000 from income and remaining £2000 as a capital expense?

Thank you for your time

Wayne

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