Talk to the Taxperts

01382 312100

Replacement of Domestic Items Relief

From 6 April 2016, the 10% wear and tear allowance was abolished and replaced with a new ‘replacement of domestic items relief’ available to all landlords of residential property. Our Residential Property Taxperts have put together a factsheet on what can be claimed under the new relief.

For more information, or to discuss your circumstances, please contact our Residential Property Taxperts.

 

Latest News

View all latest news

August 10, 2022

New Capital Gains Tax Rules Affecting Divorcing Couples

In response to the Office of Tax Simplification (OTS) second Capital Gains Tax report ‘Simplifying practical, technical and administrative issues‘, the UK Government are introducing changes to the…

August 5, 2022

Trust Registration Deadline Approaching

In 2017 HMRC created an online register, the Trust Registration Service (TRS), to establish the beneficial owners of assets held in trust as a requirement of the EU…

Download our EQ app and keep up to date with tax news, changes and have access to our EQ Portal, tax calculators and key tax dates at your fingertips. Click on the relevant button on your device to download our free app.

Visit EQ Accountants Visit EQ Accountants

Explore the full range of EQ Expertise

acca
CA
icaew
the-charteded-institute-of-taxation-logo

2020-innovation
cherries
ACC 2019 LOGO Finalist