I have 2 questions about allowable expenses before property was let and how to bring them from the previous year into the tax return.
1. I replaced windows and skirting boards before I started renting my flat. During that time the property was empty ( I did not live there).
All work was done in the tax year 2015-2016; and all the receipts for this work are from 2015-2016 tax year.
My first tenants moved in to the flat only later in 2016, which will be in 2016-2017 tax year.
After I listened to the HMRC property webinar, I believe that I can claim the repairs/replacements that were done in the property before my first tenants moved in.
1. Could you please confirm that I can claim repairs (windows and skirting board replacements) that had been completed before my first tenants moved in to the property.
2. Could you please explain how I can submit my costs for these repairs into the tax return:
Can I submit my replacement/repair costs in the 2016-2017 tax return ? (directly into the field "losses brought forward from previous years)
Or do I need to go back and amend my tax return of 2015-2016 first and only then carry forward these expense to the 2016-2017 tax year as a loss?
Thank you advance for your help!