Tax credits for landlord

riclad

My friend is a landlord ,she rents out 2 apartments .
She does her own tax returns .
I know she can buy a bed, chairs etc and claim the cost over 8 years
as a capital allowance expense .
Could she buy a new laptop ,250 euro approx ,
and claim it as she needs to get info re tax ,download forms etc
and claim it over 8 years as part of her tax return on her rental income,
she needs to keep records of bills and expenses in regard to the rental
units .

Fol20

riclad wrote: »

My friend is a landlord ,she rents out 2 apartments .
She does her own tax returns .
I know she can buy a bed, chairs etc and claim the cost over 8 years
as a capital allowance expense .
Could she buy a new laptop ,250 euro approx ,
and claim it as she needs to get info re tax ,download forms etc
and claim it over 8 years as part of her tax return on her rental income,
she needs to keep records of bills and expenses in regard to the rental
units .

Similar to petrol, phone bills etc. i doubt you can claim for this.

overkill602

cannot claim for Notebook tried last year my accountant advised it would not be allowed so why say it?

Gumbo

riclad wrote: »

My friend is a landlord ,she rents out 2 apartments .
She does her own tax returns .
I know she can buy a bed, chairs etc and claim the cost over 8 years
as a capital allowance expense .
Could she buy a new laptop ,250 euro approx ,
and claim it as she needs to get info re tax ,download forms etc
and claim it over 8 years as part of her tax return on her rental income,
she needs to keep records of bills and expenses in regard to the rental
units .

No is the answer.
I also asked this.

I also asked if I could claim for the cost of a drill and basic tools as I carry out minor repairs myself and was told no.

DubCount

AFAIK expenses allowable for tax purposes must be exclusively for use as part of the rental business. Laptops, power tools, and anything that you can use outside of the business, are dodgy ground as a result.