Cost of tools as allowable expense for BTL?
Discussion
If I do my own maintenance on BTL properties and require a tool to perform a job, am I able to offset all/part of this against allowable expenses from a tax perspective?
I had a quick look through HMRC guides, but can't find anything specific.
Does the argument change if it was (for example) a screwdriver versus a drill?
Another example, if I bought a can of paint, but only used half, do I claim for the entire can as this was the most appropriate size anticipated for the job?
thanks in advance
I had a quick look through HMRC guides, but can't find anything specific.
Does the argument change if it was (for example) a screwdriver versus a drill?
Another example, if I bought a can of paint, but only used half, do I claim for the entire can as this was the most appropriate size anticipated for the job?
thanks in advance
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