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HMRC have published a consultation document following George Osborne's Summer Budget 2015 announcement on the abolishment of the 10 per cent Wear and Tear Allowance.
The HMRC want to get the views of landlords.
The document outlines the current proposed changes
Read HMRC doc, - Replacing Wear and Tear Allowance with Tax Relief for Replacing Furnishings in Let Residential Dwelling- Houses and then let them know your thoughts.
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