What expenses can I claim against my rental property income? #AskAMS

• Mortgage interest is claimable (although, after April 2017 there are restrictions)
• Management charges/commission to letting agencies
• Property repairs – but not “improvements”
• Renewals of fixtures on a like-for-like basis (modern equivalents are acceptable)
• Maintenance costs and decorating – including gas safety certificates;
• Advertising for a tenant and obtaining/drafting a tenancy contract;
• Buildings/ contents insurance
• Council tax, water rates, service charges etc. if the landlord incurs these;
• Replacing furniture/white goods/furnishings on a like-for-like basis
• Travel costs to a rental property for inspections/repairs
• Accountancy!