I have a situation where parent has moved out of their property and into nursing care. Child has done some minor maintenance work to the property prior to letting out the property. Upon reading what is allowable as a tax deduction, I have found entirely conflicting messages - first, any repairs done prior to the first letting are definitely not allowable (and may or may not be allowed as an adjustment to CGT base cost in an eventual disposal, though this won't be relevant because parent has now passed away and will therefore have CGT uplift in base cost to date of death value) and the complete opposite, repairs done prior to first letting will be allowable as 'pre-trading expenses', so long as within seven years preceding commencement of trade, etc.
Can anyone give me a definitive answer (if one even exists!) and perhaps a reference to relevant legislation?
Thank you
