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kanrent

Tax question

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Just have a fitted kitchen installed in a rental property before I could let it before there were just shelves on the wall 

Is that capital expenditure deductible against CGT when I sell the property or repairs

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If you just bought the property and had a new kitchen fitted before letting it then the cost can only be offset against CGT.

If you had already let the property and then had a like for like kitchen fitted the cost can be offset against income tax.

If you already let the property and then had an improved kitchen fitted the cost of the WHOLE project can only be offset against CGT.

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