2019 tax return
Tax Planning and Financial

Hanna D.
Hanna D.
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11 Posts
9 months ago
0

Hi all

I hope you can help.

I purchased the flat in Sept 2017 but tenancy didn’t start until July 2018. I had to do significant renovation works until it was rentable. For the Apr 2018-Apr 2019 Tay return, Can the interest expense during the renovation work of a flat be tax deductible (prior to a tenant moving in) or could it be apportioned as a „private use adjustment“?

Many thanks!

Hanna

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