Why it might pay to furnish your buy-to-let property

When you spend money on your buy-to-let property, you expect to get a tax deduction against the rents received to help keep your tax bill down.

For those with children, this is even more important if your rented property might take you into the 'no-go' £50,000 - £60,000 income level where child benefit might be reduced or taken away completely.

With residential properties, costs like agent's fees and gas certificates are easily deductible. But what about the costs of white goods and furniture?

Continue reading
  4621 Hits

Registered

On The Spot Tax Limited

Trading as On The Spot
Registered in England & Wales under company number 06566196
VAT number 937 5293 90