M
Maximus12
Guest
Hi, I am completing my tax return and cgt liability for 2007. I sold an investment property during the year but I only rented out the property for a few years and so have not utilised my full capital allowances for rental income purposes (as capital allowances are spread over 8 years). Can I now claim the full remaining amount of capital allowances for my 2007 rental income calculation or must I just use one years allowance and forfeit the other 5 years allowances? It would be a pity not to be able to claim for all the furniture etc. Thanks anyone...