Landlords Fees - Any allowances?

[Oberon305]

Hi Guys/Gals

Just a quick one - does anyone know if there are any fees that I can claim back when renting out your house?

It's been rented out for 10 years now and I vaguely remember claiming management 'set-up' fees years ago. However, I've just switched management agencies and have a new set of tenants.

Is there an annual fee I can claim back or is it a one-off?

Thanks in advance for any help.DT_Xtremez_30:

 

[Nuts]

Yeah you should be able to claim refund of letting expenses and i think it is 2 claims per year. It should cover their charges for setting up te tenancy - not the 10%-15% that they take to manage it.

 

[Nuts]

Yep just checked - see JSP extract below. You can access this from the internet at www.rafcom.co.uk if you want to read around it etc


RLE Letting Expenses​

[FONT=Arial,Arial][FONT=Arial,Arial]. An eligible Service person may be refunded the costs incurred in:
a. Drawing up the tenancy agreement.
b. Solicitor’s fees for verifying the agreement.
c. The service of the appropriate notices upon a prospective tenant that will safeguard the right of the Service person, or if required, their immediate family to re-occupy the property.
Other costs such as mortgage providers’ and estate agents’ fees, advertising, drawing up an inventory and checking references are not refundable. ​

[/FONT][/FONT]07.0544[FONT=Arial,Arial][FONT=Arial,Arial]. [/FONT][/FONT]Maximum Number of Claims[FONT=Arial,Arial][FONT=Arial,Arial]. Service personnel are restricted to a maximum of 2 claims per annum.
[/FONT][/FONT]

 

[smokeyreid]

I have my house rented out back home and didn't know you could claim stuff off the JSP, very useful to know.

I only thought you could offset your tax.

In fact while I think about it does anyone on here have experience in claiming expenses against tax? I have found out that my local tax office is in Cardiff even though thats nearly 200 miles away!!!!

Think I'll be submitting mine by post!!!

 

[Oberon305]

Cheers guys,,,,will sort that out on Monday!DT_Xtremez_30:

 

[Mickwreay]

I have my house rented out back home and didn't know you could claim stuff off the JSP, very useful to know.

I only thought you could offset your tax.

In fact while I think about it does anyone on here have experience in claiming expenses against tax? I have found out that my local tax office is in Cardiff even though thats nearly 200 miles away!!!!

Think I'll be submitting mine by post!!!

Your best bet regarding tax, is to get a tax advisor. I let my house for around 10 years & never paid more than £10 in tax. All above board. Cost me around £60 for him to send me a sheet on how & what to enter on the Tax return, after a couple of years, I was able to work out his system & then did it on my own.

Good luck

 

[SgtScribbly]

I have my house rented out back home and didn't know you could claim stuff off the JSP, very useful to know.
!

Dont hold your breath. Refund of Legal Fees (RLE) is only payable as a result of you either selling or renting a house that you have previously occupied at a duty unit for a least six months and you have moved to a new unit as a result of a posting. Not sure your situation sounds like its eligible.

 

[Oberon305]

Dont hold your breath. Refund of Legal Fees (RLE) is only payable as a result of you either selling or renting a house that you have previously occupied at a duty unit for a least six months and you have moved to a new unit as a result of a posting. Not sure your situation sounds like its eligible.

I lived in it for 3 years before going to Gib in 2000. Was posted to Odiham on my return and have been here since 2003.

So can I still claim those annual fees back?