Sarah Bradford explains how landlords can obtain tax relief for replacement domestic items.
Where a landlord lets a property furnished, domestic items will be provided for use by the tenants. Special rules apply to determine both the timing and extent to which tax relief is available for the costs incurred in relation to the provision of domestic goods.
What counts as a domestic item?
Simply put, a domestic item is an item for domestic use. In their Property Income manual, HMRC provides the following illustrative list of items that would be classed as domestic items:
- moveable furniture such as sofas, tables and bed frames;
- furnishings such as curtains, carpets and rugs;
- household appliances such as fridges, freezers and washing machines; and
- kitchenware such as utensils,