Landlords Energy Saving Allowance
Landlords Energy Saving Allowance
Author
Discussion

TeeRev

Original Poster:

1,737 posts

182 months

Tuesday 6th January 2015
quotequote all
I know there are a few landlords on here so I have a question.

I'm renovating and upgrading three of my flats, has anyone claimed the "Landlords Energy Saving Allowance" of £1,500.00 per property and if so how easy or difficult was it to get the money? My previous experience of getting grants out of the government are not good, admittedly that was a long time ago and things may well have changed.

From the Gov website it sounds like it's a simple matter of claiming it against tax and 4.5K is not to be sniffed at but I have better things to do than spend hours filling in forms only to be told that I do not qualify for one of a hundred silly reasons.

grumbas

1,174 posts

222 months

Tuesday 6th January 2015
quotequote all
Just had a look myself as doing a few upgrades.

As far as I can make out the scheme just makes the items listed allowable expenses for the purpose of calculating profits and you just claim on your self assessment.

Looks like they're scraping the scheme at the end of the tax year though so not long left...

TeeRev

Original Poster:

1,737 posts

182 months

Wednesday 7th January 2015
quotequote all
That's how I read it as well, I just couldn't believe something Gov could be so simple.

Didn't realise it was finishing at the end of this tax year though, I will have all my work finished by the end of March so should be okay.