UK Property 13 - Other Capital allowances

You can claim tax allowances called capital allowances for the cost of purchasing, and improvements to, vehicles and equipment such as vans, cars, tools, computers, furniture and fixtures, even if the items were purchased under hire purchase, that you use in your holiday lettings business. The costs of such items, or the depreciation on them, are not allowable as an expense in working out your taxable profits.

You can claim capital allowances for plant and machinery, such as furniture and fixtures, for use in a dwelling-house if you have a property business which qualifies as a furnished holiday letting business.

Add up any amounts claimed as capital allowances and enter the total of these here.

Further information go to Capital allowances and balancing charges (Self Assessment helpsheet HS252).

Note: Do not complete if you claim the property income allowance, you cannot deduct any allowable expenses or claim any other allowances on this income.