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December Question & Answer Section

November 30, 2011 in Q&A section by Kath

Q. I own a number of rental properties; a mixture of self-contained flats and houses. I've received an email from a property expert that says I can claim capital allowances as a percentage of the cost of these properties, which will produce a guaranteed tax refund for me. Is that true? A. No, this is not true. Capital allowances cannot be cla...

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