Saturday, February 21, 2015

Landlords to lose LESA tax break in April

Landlords are to lose the £1500 in tax breaks in by 6th April when the Landlord Energy Saving Allowance (LESA) comes to an end in the current tax year. The allowance allows landlords to make a number of deductions for expenditure for the following items of expenditure:
  • cavity wall and loft insulation
  • solid wall insulation
  • draught-proofing
  • hot water system insulation
  • floor insulation
The tax breaks are available through your self assessment return but obviously will have to be at least invoiced by the start of the tax year so landlords get insulating before it's too late.

Landlord insurance - cover options - professional rates

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