Landlord’s Energy Savings Allowance (LESA)

Landlord’s Energy Savings Allowance (LESA)

The Landlord’s Energy Saving Allowance (LESA) was introduced to encourage landlords to improve the energy efficiency of let residential properties. It is an allowance for the cost of acquiring and installing certain energy-saving items. Expenditure on these items cannot normally be deducted when calculating taxable profits and is not eligible for capital allowances under CAA 2001. 

The allowance is available on qualifying expenditure on specified energy saving items incurred before 6 April 2015.

http://www.hmrc.gov.uk/manuals/pimmanual/PIM2072.htm

 

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