Comments on: Capital Allowances Tax Relief for HMO owners

By: Matthew Moody

Matthew Moody — Fri, 09 Jul 2010 09:09:29 +0000

Hi Lilly,
No it isn’t the mortgage that HMRC look at, it is what the building is used for.
Matthew

By: Lilly

Lilly — Fri, 25 Jun 2010 13:46:19 +0000

Does the property need to have a commercial mortgage on it in order to qualify for Capital Allowances?

By: Matthew

Matthew — Tue, 08 Jun 2010 19:29:37 +0000

Hmm, not sure on this Bruce and Paul. You are best to speak with Arthur directly.

By: Bruce

Bruce — Wed, 19 May 2010 16:25:55 +0000

Would this apply to a multi-let primary residence where some income is off set against rent a room allowance?

By: Paul Knight

Paul Knight — Sun, 16 May 2010 10:00:30 +0000

Would this apply to a multi-let primary residence where some income is off set against rent a room allowance?

By: Matthew Moody

Matthew Moody — Tue, 15 Dec 2009 14:13:17 +0000

No it can be any type of mortgage – this is about the property – not the mortgage. I just had my first report through for my first HMO tax rebate allowance and have now sent it to my accountant to deal with…!