Hi there,
My situation is that I was renting my 2nd flat out. The tenants then moved out and the flat is up for sale.
Given it's a 2nd flat, I know I will have to pay CGT on it.
I'm now trying to do my HMRC self-assessment for the rental income. I'm trying to work out if the repairs/maintenance work I did would count towards claims for the self-assessment please? Most of it is due to general wear and tear/mould from inadequate ventilation etc.
I don't think it will count towards CGT as none of the works I did add value to the property - they are just repairs that I've done to fix general wear and tear. The reason I'm querying this is because the flat is now empty and the repairs were done after the tenants left (the repairs were from the wear and tear of their use) and I no longer have any tenants, so I don't know if I can still claim these costs towards my self-assessment.
The broad idea of repairs I've done are:
• Regrouting kitchen and bathroom
• Cupboard doors were peeling so I had those repainted over and 'made neater'
• Vinyl in the bathroom needed changing due to damage/wear and tear from the tenants' use (from water on the floor etc)
• Couple of the rooms needed to be repainted (general wear and tear, paint peeling off a little)
Thank you