Can I claim expenses against tax?Make Text Bigger
I live in Bury,Lancashire and am about to rent a property near Durham City. I incurred some expenses i.e. gas safety certificate, insulation and a visit to the property to facilitate these expenses last month which is also the last tax year when the property was not as yet let (it has never been let).
I am about to make another round trip of 250 miles to finalise arrangements before tenants move in on the 25th of this month. The property will be managed by a local agent.
I have two questions:
1. I incurred expenses in the last tax year before the property was let. Will that pose a problem for HMRC when declaring a loss before it was rented?
2. Can I claim travel expenses and food allowance for the round trips before the agent manages the property for me? 2a. I believe once the agent is in play those allowances will only apply from the agents office even if I travel from Bury to facilitate upgrades in the future. Am I correct?
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