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fingers
24-12-2009, 10:38 AM
Last year I claimed the 10% wear and tear.

This year as a result of a leakage, I have to get the kitchen flooring replaced.
My question is can I deduct this from next years tax on top of the 10% wear and tear.
I ask this as the flooring would not not have needed replacing as a result of wear and tear without the leak.

Telometer
24-12-2009, 12:30 PM
a repair to a fixture, thus tax-deductible, provided there is no element of improvement.

Renewals & 10% wear and tear allowance
However, in addition to the 10% allowance, a taxpayer can also deduct the net cost of renewing or repairing fixtures that are an integral part of the buildings. The net cost means the cost of the replacement less any amount received for the old item. See below for renewals of fixtures in unfurnished property.

Fixtures integral to the building are those that are not normally removed by either tenant or owner if the property is vacated or sold. For example, baths, washbasins, toilets, central heating installations. Expenditure on renewing such items is normally a revenue repair to the building. It is due even though the 10% wear and tear allowance has been deducted.

But a taxpayer cannot deduct:

the original cost of installing these fixtures,
the extra cost of replacing a fixture with an improved version; for example, where a worn out but basic, cheap bathroom suite is replaced with an expensive, high quality suite; they can only deduct the cost of replacing like with like.
The original cost of installation means either:

the cost of installing the assets for the first time in a new property, or
the cost of replacing worn out assets in an old property that has been bought to let, or
which you are converting to let.
For more about capital expenditure (not allowable) and repairs (allowable) see PIM2020.