New announcement. Learn more

News and advice to help make your business a success

LANDLORDS FINANCIAL BLOG

All

Landlords Tax Property Tax Landlords Tax Returns Property Accounts Property Tax Return Landlords Accounts Chartered Accountants Online Accountant Online Bookkeeping Online Tax Returns Tax Returns Your Online Accountant Your Online Bookkeeper Businessadvice Accounting Cashflow Smallbusiness Businesstips Property Accountant Tax Taxplanning VAT Furnished Holiday Lettings Inheritance Tax Property Property bookkeeper Annual Exempt Amount Capital Allowances Capital gains tax property Compliance Deductibleexpenses Employment Allowance Finance Holiday Lets Tax Landlords Accountant Landlords Financial Making Tax Digital Mileage Allowance Mobilephones Pension Ppr Property Company Tax Property Tax Deductible Expenses Rent a Room Relief Taxreturn TimetoPay VAT invoice 60 day capital gains limit Accrualsbasis Acquisitions Advisoryfuelrates AI AirBnB Allowable Business Expenses Alphabet shares Amap Annual Tax on Enveloped Dwellings Appeal Assessment Asset disposal Associated Company Associated Company Tax Rules Bad Debt Bad Debt Tax Relief Baddebts Badgesoftrade Beancounter Benefits in Kind Breakeven Point Budget Business advice Business asset deferment Business coach Business Continuity Business Entertainment Business Expenses Business Rate Business Rates Relief Business tips Businessgrowth Businesstypes Buy or Lease Equipment Buytolet Capital Allowances for Cars Car Capital Allowances Carry Back Losses Cgt Change of Tax Basis ChatGPT CIS Scheme Common Tenant Companies Expenditure Companies House Company Account Deadlines Company Account Filing Company Strike Off Company Tax Efficient Property Compulsory Strike Off Construction Industry Scheme Contacthmrc Contentmarketing Corporation Tax Losses Corporation Tax New Regime Corporation Tax Rates CorporationTax Costs Cryptocurrency Deductible Business Expenses Development Directors Directors Loans Directorsloans Disallowable Business Expenses Discovery Disincorporation Dividend allowance Dividend Allowance Reduction Dividend Planning Dividends DLA Domestic Items Tax Relief Employee Discount Employee management Endoflifeplanning Enquiry Equity Expenses Expenses Allowed For Tax Eyetests FHLs Financialmanagement Flipping Furnished Holiday Lets Tax Gift Aid Growthhacks Help to pay tax bills HMO Licensing Fees HMRC complaints Holiday Lettings Tax How to apply for a Business Loan How to Extract Profit Humour Ihtexemptions Illegaldividends Inheritance Tax Nil Rate Band Investment Property Tax Joint Tenant Landlord Repairs Landlords Self Assessment Late vat registration LBTT Leadgeneration Leadmagnet Leanbusinessmodel Letting Agent Disbursements Letting Agent Recharres Lettings Relief Limitedcompany Long Lets Tax Longservice LTT Mainresidencerelief MakingTaxDigital Managed Lets Management accounting Mileage payment Minimumwage Mixedusesdlt Mortgage costs Mortgage Interest Relief Newcompanycarfuelrates Newnicrules NIC 2023 to 2024 NIC savings Non-taxable Optiontotaxvat Overlaprelief Overpayment Relief Partnership Partnershipbusinesses Parttime PAYE PAYE by Direct Debit Penaltypoints Pension Payments Tax Relief Performance-reviews Periodsofabsence Personal finance Personalallowance Personalguarantees Profit Profit-and-loss Property Allowance Property Development Company Property Incorporation Property Investment Company Property investor accounts Property investor tax tips Property Letting Property Rental Business Property Trading Propertyallowance Recharges by Estate Agents Regularpayments Reimbursedexpenses Rent your drive Rental Rentaroom Research & Devolopment Residence Relief Residential property gains Retail stock control Retainedprofits Room for rent tax SA Salary SDLT SDLT changes Section 455 Tax Selective Licences Landlords Self Assessment Self-employednic Selfemployed Seperation Servicecharges Simplified Expenses Small Business Smallbiz Smallbusinessraterelief Software Spring Budget Stamp duty Tax Allowance on Driveways Tax Allowances Tax Deadlines Tax Filing Deadlines Tax Free Childcare Tax free income Tax on Company Vans Tax position Tax Relief Tax tips for landlords Taxbillpayments Taxconsequences Taxincentives Taxposition Taxreliefs Taxses Terminationpayments Tips Transfer Assets Transfer Assets Between Spouses Unpaid Rent VAT Bad Debt Relief VAT Deadlines VAT Disbursements VAT Penalties VAT registration Vatpenalties Vatregistrationthreshold Wellbeing

TAGS

Should a Landlord do Repair Work Themselves ?

September 10, 2015

This may seem like a great idea - especially if you are good at DIY. Why not repaint that house which is coming empty yourself, calculate the cost of the work you have done, and reduce your profits accordingly.

Unfortunately it doesn't work quite like that. Her Majesty's Revenue and Customs rule that a landlord can't deduct anything for the time they spend themselves working in their own rental business. They can however make a deduction for any materials which they have purchased.
So before you make a commitment to carry out work in your rental houses just think twice as this won't be deductible for tax and perhaps your time would be spent better elsewhere.

All is not lost though. Landlords can pay their spouse or other relations for working in their rental business so long as what they pay represents proper commercial reward for the work done.

Don't forget though that the spouse or relative will be taxable on these earnings if their income is high enough.

Landlord Repairs