Tax reliefs on property refurbishment

Refurbishment of a property creates a wide range of opportunities to obtain accelerated tax deductions with a high cash value.

The spend on the refurbishment of a property can create a wider range of tax deductibles than when a property is being newly constructed. It is not uncommon to find that between 50% and 75% of the costs of a refurbishment can qualify for tax deduction with a higher proportion of the spend available for immediate tax deduction.

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