Tax rebate for eviction legal fees?

Tax rebate for eviction legal fees?

10:19 AM, 4th January 2021, About 5 years ago 5

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I have unfortunately incurred significant legal costs in the process of evicting a tenant.

My question is if I can claim a tax rebate for this expense?

Also, would this be considered an income or capital cost?

Many thanks

Rajesh


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Olls63

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Member Since January 2020 - Comments: 100

11:13 AM, 4th January 2021, About 5 years ago

Eviction costs are specifically included as allowable expenses to be set against rental income in HMRC Property Income Manual 2120.

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Paul Baker

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Member Since May 2014 - Comments: 40

11:31 AM, 4th January 2021, About 5 years ago

I would include them under Legal & Professional Fees, and have done so last year when I went through an eviction.

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NewYorkie

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Member Since October 2013 - Comments: 1607 - Articles: 3

19:45 PM, 4th January 2021, About 5 years ago

Reply to the comment left by Olls63 at 04/01/2021 – 11:13
I agree, but not much use if the reason for the eviction is because you haven’t had any rental income!

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Michael Barnes

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Member Since July 2013 - Comments: 1434

18:43 PM, 11th January 2021, About 5 years ago

Reply to the comment left by NewYorkie at 04/01/2021 – 19:45
“not much use if the reason for the eviction is because you haven’t had any rental income!”

Any loss can be carried forward.

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Adrian Jones

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Member Since July 2013 - Comments: 303

15:47 PM, 18th January 2021, About 5 years ago

Reply to the comment left by Michael Barnes at 11/01/2021 – 18:43
Surprising how many people don’t realise this, useful as well when the property is vacant and you are still incurring costs, mortgage, insurance Council Tax etc.

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