PostedTue, 11 Jul 2023 10:54:00 GMTbyHMRC Admin 19 Response
Hi,
PIM 2510 states that if the property business only consisted of letting a single house, it would cease when the tenant left and the customer began to use the house as a private residence or, alternatively, when they decided the house would not be re-let.
If the house is put up for sale the intention is not to continue the rental business and related expediture, council tax, domestic bills, would not be allowable against the letting income up to cessation. A property could be up for sale for a considerable time and HMRC would not subsidise the related expenses.
Thank you.
