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  • Tax

    Tax Allowances

    I have remortgaged a property to buy another one. Can I offset the survey, mortgage broker and valuation fees for tax purposes?

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    are you working via a Company or a sole  investor

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    Learn Change and Adapt ?????


    No because that is the costs you incurred to buy the property so offset against future cgt when you sell it.

    If you remortgaged a property not to buy another but simply because it came to the end of its term, that would be deductible as a buasiness expense

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    You can claim any finance arrangement fees so yes it can be claimed

    But if you go over the limits in regard to sec 24 its not allowed

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    Learn Change and Adapt ?????


    Can't follow the link unfortunately, security settings won't allow

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    That's a shame it would have helped you out


    google the question that's how I found the link


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    Learn Change and Adapt ?????

    Just be careful with S24

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    Learn Change and Adapt ?????