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propertyblonde
19-01-2010, 12:54 PM
I am a basic rate taxpayer with 2 unfurnished rented properties. Both are mortgaged on an interest only basis. I have an annual profit of around £6k (after deduction of allowable expenses) on which I have paid tax for the past 10 years.
Last year I replaced a falling to pieces kitchen and cooker with a new but very basic kitchen and cooker. Cost approx £2500 included replacing light fitting, repairing sagging ceiling, retiling as before and reflooring.
I also replaced existing doors and windows (old wooden rotted units) with uPvc double glazing at a cost of £3500.
I would argue that these are repairs and maintenance, not capital improvements and I have found a publication on the hmrc website (PIM2020) which appears to support my view.
Is anyone able to confirm if PIM2020 applies to individuals such as myself?

Thanks in advance for any help

Telometer
19-01-2010, 13:24 PM
These are repairs and therefore deductible for tax purposes. (Unless you had only just acquired the properties which presumably does not apply in your case.)