Hi, I am new here so apologies if I am using incorrect forum.
We have a small business letting a property attached to our house as a holiday let. It isn't making us any money yet as we took out loans to complete building, furnishing etc.
The plan is for it to supplement our pensions in the future.
We have been unable to spend money on our own property for good few years as we are surviving on a pension. Our porches and front door are falling apart and are in desperate need of repair or replacement. It has been suggested to us that the state of our house is affecting our business.
If we make a profit in the current financial year, which is forecast, can we spend on a new front door or porch and claim tax relief on the cost?
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