Gwent Landlord Forum

We're excited to announce that our next Gwent Landlord Forum is taking place on Wednesday 25th May between 6 and 8pm at The Parkway Hotel and Spa. Speakers will include: Bethan Jones, Rent Smart Wales - All landlords operating in Wales must register themselves and all details of their rental properties with Rent Smart Wales before 23 … Continue reading Gwent Landlord Forum

Are you claiming for wear and tear?

If you rent out a furnished property then you may be entitled to claim wear and tear allowance, which is deducted from your net rents, thus reducing the taxable rental income. Capital allowances are typically claimed on plant and machinery but cannot be claimed on furniture, furnishings or fixtures within a rental property.  Instead, where these are supplied … Continue reading Are you claiming for wear and tear?