Newbie
Posts: 1
I like property
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« on: December 01, 2021, 03:06:46 PM » |
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Hi Guys, New to being a landlord, so seeking some advice please on our situation
We incurred ~£3k expenses in Feb / March of 2021 all prior to the tenants moving in. I've convinced myself these are allowable expenses.
Our tenants moved in on the 30th March; which i gather is the date the expenditure would be deemed to have been incurred on the first day of let.
Unfortunately this is only a day or so before the tax year end; and we haven't 'accrued' any rent yet; to offset the costs against.
Any ideas on whether we are able to include for these expenses in tax year 2020/21; despite only 2 days worth of income !
Hope this makes sense and someone can point us in the right direction please.
Thanks !
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