{"id":5698,"date":"2022-07-28T04:00:00","date_gmt":"2022-07-28T04:00:00","guid":{"rendered":"http:\/\/im-24034"},"modified":"2023-01-11T11:15:05","modified_gmt":"2023-01-11T11:15:05","slug":"tax-relief-on-replacement-of-domestic-items","status":"publish","type":"post","link":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/","title":{"rendered":"Tax relief on replacement of domestic items"},"content":{"rendered":"<p>The replacement of domestic items relief has been in place since April 2016. The relief allows landlords the ability to claim tax relief when they replace movable furniture, furnishings, household appliances and kitchenware in a rental property. The allowance is available for the cost of domestic items such as free- standing wardrobes, curtains, carpets, televisions, fridges and crockery.<\/p>\n<p>The amount of the deduction is based on:<\/p>\n<ul>\n<li>the cost of the new replacement item, limited to the cost of an equivalent item if it represents an improvement on the old item (beyond the reasonable modern equivalent),&nbsp;plus<\/li>\n<li>the incidental costs of disposing of the old item or acquiring the replacement,<\/li>\n<li>less any amounts received on disposal of the old item.<\/li>\n<\/ul>\n<p>There is an important distinction to note if&nbsp;deciding if&nbsp;a new item represents a replacement or an improvement. Where the new item is an improvement on the old item the allowable deduction is limited to the cost of purchasing an equivalent of the original item.<\/p>\n<p>HMRC&rsquo;s internal guidance&nbsp;provides an example highlighting the fact that a brand new budget washing machine costing circa &pound;200 is not an improvement over a 5 year old washing machine that cost around &pound;200 at the time of purchase (or slightly less, taking into account inflation).<\/p>\n<p>Also, if a replacement item is for a reasonable modern equivalent for example a new energy efficient fridge replacing an old fridge this is not considered an improvement and the full cost of the new item is eligible for relief.<\/p>\n<div style='font-size:smaller' class='im_source'>Source: HM Revenue &#038; Customs   Mon, 25 Jul 2022 00:00:00 +0100<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The replacement of domestic items relief has been<\/p>\n","protected":false},"author":1,"featured_media":5707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[134,1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax relief on replacement of domestic items - One Accounting<\/title>\n<meta name=\"description\" content=\"The replacement of domestic items relief has been\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax relief on replacement of domestic items - One Accounting\" \/>\n<meta property=\"og:description\" content=\"The replacement of domestic items relief has been\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\" \/>\n<meta property=\"og:site_name\" content=\"One Accounting\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-28T04:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-11T11:15:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\"},\"author\":{\"name\":\"Admin\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#\/schema\/person\/846d7ee0fcbd148e3fd1aa38300917d3\"},\"headline\":\"Tax relief on replacement of domestic items\",\"datePublished\":\"2022-07-28T04:00:00+00:00\",\"dateModified\":\"2023-01-11T11:15:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\"},\"wordCount\":268,\"publisher\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg\",\"articleSection\":[\"Income Tax\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\",\"url\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\",\"name\":\"Tax relief on replacement of domestic items - One Accounting\",\"isPartOf\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg\",\"datePublished\":\"2022-07-28T04:00:00+00:00\",\"dateModified\":\"2023-01-11T11:15:05+00:00\",\"description\":\"The replacement of domestic items relief has been\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage\",\"url\":\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg\",\"contentUrl\":\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg\",\"width\":800,\"height\":533},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.oneaccounting.co.uk\/category\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Income Tax\",\"item\":\"https:\/\/www.oneaccounting.co.uk\/category\/news\/income-tax\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Tax relief on replacement of domestic items\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#website\",\"url\":\"https:\/\/www.oneaccounting.co.uk\/\",\"name\":\"One Accounting\",\"description\":\"Small Business Accountants Edinburgh\",\"publisher\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.oneaccounting.co.uk\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#organization\",\"name\":\"One Accounting\",\"url\":\"https:\/\/www.oneaccounting.co.uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/One_Accounting-logo_502px.png\",\"contentUrl\":\"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/One_Accounting-logo_502px.png\",\"width\":503,\"height\":503,\"caption\":\"One Accounting\"},\"image\":{\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#\/schema\/person\/846d7ee0fcbd148e3fd1aa38300917d3\",\"name\":\"Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oneaccounting.co.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1e46787b0680a930ed1efa660e68e78c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1e46787b0680a930ed1efa660e68e78c?s=96&d=mm&r=g\",\"caption\":\"Admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tax relief on replacement of domestic items - One Accounting","description":"The replacement of domestic items relief has been","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/","og_locale":"en_US","og_type":"article","og_title":"Tax relief on replacement of domestic items - One Accounting","og_description":"The replacement of domestic items relief has been","og_url":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/","og_site_name":"One Accounting","article_published_time":"2022-07-28T04:00:00+00:00","article_modified_time":"2023-01-11T11:15:05+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg","type":"image\/jpeg"}],"author":"Admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#article","isPartOf":{"@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/"},"author":{"name":"Admin","@id":"https:\/\/www.oneaccounting.co.uk\/#\/schema\/person\/846d7ee0fcbd148e3fd1aa38300917d3"},"headline":"Tax relief on replacement of domestic items","datePublished":"2022-07-28T04:00:00+00:00","dateModified":"2023-01-11T11:15:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/"},"wordCount":268,"publisher":{"@id":"https:\/\/www.oneaccounting.co.uk\/#organization"},"image":{"@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg","articleSection":["Income Tax","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/","url":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/","name":"Tax relief on replacement of domestic items - One Accounting","isPartOf":{"@id":"https:\/\/www.oneaccounting.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage"},"image":{"@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg","datePublished":"2022-07-28T04:00:00+00:00","dateModified":"2023-01-11T11:15:05+00:00","description":"The replacement of domestic items relief has been","breadcrumb":{"@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#primaryimage","url":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg","contentUrl":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2022\/07\/e2252eab-bacc-49d2-9b7b-4427c298b473.jpg","width":800,"height":533},{"@type":"BreadcrumbList","@id":"https:\/\/www.oneaccounting.co.uk\/tax-relief-on-replacement-of-domestic-items\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.oneaccounting.co.uk\/category\/news\/"},{"@type":"ListItem","position":2,"name":"Income Tax","item":"https:\/\/www.oneaccounting.co.uk\/category\/news\/income-tax\/"},{"@type":"ListItem","position":3,"name":"Tax relief on replacement of domestic items"}]},{"@type":"WebSite","@id":"https:\/\/www.oneaccounting.co.uk\/#website","url":"https:\/\/www.oneaccounting.co.uk\/","name":"One Accounting","description":"Small Business Accountants Edinburgh","publisher":{"@id":"https:\/\/www.oneaccounting.co.uk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.oneaccounting.co.uk\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.oneaccounting.co.uk\/#organization","name":"One Accounting","url":"https:\/\/www.oneaccounting.co.uk\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oneaccounting.co.uk\/#\/schema\/logo\/image\/","url":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/One_Accounting-logo_502px.png","contentUrl":"https:\/\/www.oneaccounting.co.uk\/wp-content\/uploads\/2020\/05\/One_Accounting-logo_502px.png","width":503,"height":503,"caption":"One Accounting"},"image":{"@id":"https:\/\/www.oneaccounting.co.uk\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.oneaccounting.co.uk\/#\/schema\/person\/846d7ee0fcbd148e3fd1aa38300917d3","name":"Admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oneaccounting.co.uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1e46787b0680a930ed1efa660e68e78c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1e46787b0680a930ed1efa660e68e78c?s=96&d=mm&r=g","caption":"Admin"}}]}},"_links":{"self":[{"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/posts\/5698"}],"collection":[{"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/comments?post=5698"}],"version-history":[{"count":1,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/posts\/5698\/revisions"}],"predecessor-version":[{"id":7349,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/posts\/5698\/revisions\/7349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/media\/5707"}],"wp:attachment":[{"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/media?parent=5698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/categories?post=5698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oneaccounting.co.uk\/wp-json\/wp\/v2\/tags?post=5698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}