Harry Fisher Posted November 27, 2013 Report Share Posted November 27, 2013 To whoever started and runs this forum and website, thank you very much, it is very informative to someone like me having never bought to let before. About the house I have bought to restore and rent, I became the owner two weeks ago and have heard nothing yet about Council Tax, will they get in touch with me or do I have to tell them? And am I entitled to a free period as no one will be living in the house for a least 6 months. Link to comment Share on other sites More sharing options...
Grampa Posted November 27, 2013 Report Share Posted November 27, 2013 Depends on your council. Some will give it free, others I know give 50% off and others still charge the full amount.Just write or call your council tax dept and explain you completed the sale on xx/xx/xx and can they change their details to you. Link to comment Share on other sites More sharing options...
Harry Fisher Posted February 11, 2014 Author Report Share Posted February 11, 2014 Update on this, the council issued me with a bill for the council tax from Nov18 to March, nearly £400, I emailed them saying there is no one living in the house as I am renovating it, I was not holding much hope. I got a phone call and was asked to meet a man at the house, he had a look round, agreed it was not habitable and gave me a year counil tax free to finish the work. Link to comment Share on other sites More sharing options...
Richlist Posted February 12, 2014 Report Share Posted February 12, 2014 Thats good news on council tax.......and probably water/ sewerage charges as well.. Note.....the costs of your renovation work is unlikely to be an allowable revenue expense against income tax. Link to comment Share on other sites More sharing options...
Mortitia Posted February 13, 2014 Report Share Posted February 13, 2014 If your water is metered you will have to pay for that but I find suppliers don't bill you if the consumption is small - as in the case of a refurbishment. Make sure you keep all your council tax documents and reference numbers as sometimes, IME different council officers assess things differently and attempt added charges. If property is uninhabitable then expenses (to a certain degree) are allowed to make it habitable for letting purposes. Link to comment Share on other sites More sharing options...
Richlist Posted February 13, 2014 Report Share Posted February 13, 2014 If property is uninhabitable then expenses (to a certain degree) are allowed to make it habitable for letting purposes. Virtually ALL expenses are allowable........just not allowable against income tax. Major refurbishment work is a capital expense and can only be offset against capital gains when the property is sold. Even if the work includes e.g redecoration, which would normally be a revenue expense, if the majority of the refurbishment expenses are capital then it is ALL capital. Link to comment Share on other sites More sharing options...
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