D
delgirl
Guest
What can be regarded as 'Fixtures & Fittings'
Can anyone advise exactly what fixtures and fittings Revenue will accept deductions for under Capital Allowance. I cannot find any detailed lists on the Revenue.ie website.
For example, we have replaced the carpet in the hall in a rental property with tiles as a long term solution to heavy wear and tear. Is the cost of the tiles deductable @ 12.5% over 8 years or is this regarded as a CGT cost?
Also, can I make an annual deduction for the wear and tear on a built-in kitchen?
What about items outside - I've just had to replace a fence and lay a patio - are these items included in 'fixtures and fittings'?
Can anyone advise exactly what fixtures and fittings Revenue will accept deductions for under Capital Allowance. I cannot find any detailed lists on the Revenue.ie website.
For example, we have replaced the carpet in the hall in a rental property with tiles as a long term solution to heavy wear and tear. Is the cost of the tiles deductable @ 12.5% over 8 years or is this regarded as a CGT cost?
Also, can I make an annual deduction for the wear and tear on a built-in kitchen?
What about items outside - I've just had to replace a fence and lay a patio - are these items included in 'fixtures and fittings'?