Landlords poised to lose tax concession
Series: Financial Times ; 24 February 2001, 20(1)Publication details: 2001Subject(s): Summary: The Inland Revenue has confirmed that from April 6 landlords will no longer be allowed to claim that any proportion of capital spending on their properties is a 'repair element' and therefore tax-deductible. The changes were originally announced in the 1998 budget but have not been publicised.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3709-23 (Browse shelf(Opens below)) | 1 | Available | 111216-1001 |
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The Inland Revenue has confirmed that from April 6 landlords will no longer be allowed to claim that any proportion of capital spending on their properties is a 'repair element' and therefore tax-deductible. The changes were originally announced in the 1998 budget but have not been publicised.