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Expenses when renting out a property

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    Expenses when renting out a property

    Assuming that you have a BTL property some distance away from your home, and travel there regular to collect rent etc, what is the mileage rate that you can claim on the Tax Return for this business (FY 2007/08) ?

    Is it still 40p/mile?

    #2
    Originally posted by TazMaN View Post
    Assuming that you have a BTL property some distance away from your home, and travel there regular to collect rent etc, what is the mileage rate that you can claim on the Tax Return for this business (FY 2007/08) ?

    Is it still 40p/mile?
    Yes.

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