Comments on: Capital Allowances Tax Relief for HMO owners http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/ Sat, 19 May 2012 01:45:44 +0100 hourly 1 By: Ben http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/comment-page-1/#comment-1612 Ben Sat, 13 Aug 2011 21:58:08 +0000 http://yourhmoexpert.com/?p=124#comment-1612 I would like to arrange a survey on my HMO properties. What's the first step please? I would like to arrange a survey on my HMO properties. What’s the first step please?

]]> By: Jane http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/comment-page-1/#comment-731 Jane Thu, 25 Nov 2010 18:29:43 +0000 http://yourhmoexpert.com/?p=124#comment-731 Hi Matthew Is it possible to claim 'rent a room' allowance AND claim expenses for the other rooms that are let in my licensed HMO whilst I am living there. ie, electricity bill £500. 1 'rent-a-room' let, 3 HMO room lets, 1 owner occupying one room, all sharing kitchen and bathroom facilities. Apportion one-fifth of electricity bill to 'rent-a-room', one-fifth to owner, claim tax relief on three-fifths, ie £300? Is this possible? Hi Matthew

Is it possible to claim ‘rent a room’ allowance AND claim expenses for the other rooms that are let in my licensed HMO whilst I am living there.

ie, electricity bill £500. 1 ‘rent-a-room’ let, 3 HMO room lets, 1 owner occupying one room, all sharing kitchen and bathroom facilities. Apportion one-fifth of electricity bill to ‘rent-a-room’, one-fifth to owner, claim tax relief on three-fifths, ie £300?

Is this possible?

]]> By: Matthew Moody http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/comment-page-1/#comment-590 Matthew Moody Fri, 09 Jul 2010 09:09:29 +0000 http://yourhmoexpert.com/?p=124#comment-590 Hi Lilly, No it isn't the mortgage that HMRC look at, it is what the building is used for. Matthew Hi Lilly,
No it isn’t the mortgage that HMRC look at, it is what the building is used for.
Matthew

]]> By: Lilly http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/comment-page-1/#comment-577 Lilly Fri, 25 Jun 2010 13:46:19 +0000 http://yourhmoexpert.com/?p=124#comment-577 Does the property need to have a commercial mortgage on it in order to qualify for Capital Allowances? Does the property need to have a commercial mortgage on it in order to qualify for Capital Allowances?

]]> By: Matthew http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/comment-page-1/#comment-564 Matthew Tue, 08 Jun 2010 19:29:37 +0000 http://yourhmoexpert.com/?p=124#comment-564 Hmm, not sure on this Bruce and Paul. You are best to speak with Arthur directly. Hmm, not sure on this Bruce and Paul. You are best to speak with Arthur directly.

]]> By: Bruce http://yourhmoexpert.com/2009/11/capital-allowances-tax-relief-for-hmo-owners/comment-page-1/#comment-547 Bruce Wed, 19 May 2010 16:25:55 +0000 http://yourhmoexpert.com/?p=124#comment-547 Would this apply to a multi-let primary residence where some income is off set against rent a room allowance? Would this apply to a multi-let primary residence where some income is off set against rent a room allowance?

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