View Full Version : Tax amount for wear and tear
mickey
20-09-2006, 14:00 PM
Anyone know the amount a LL is able to keep from earnings from rental property?? The wear and tear allowance. When I was a LL it used to be 10 % is it still the same??
sober
22-09-2006, 01:49 AM
10% of rental only (excluding services, bills etc) in the case of furnished lettings. 0% on unfurnished - same as before.
sober
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