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Home improvements

Posted 14 April 2016 under Tax Questions

Marlon says:
14 April 2016 at 10:44

Can new home improvements be deducted from tax?

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TaxTimTaxTim says:
14 April 2016 at 13:59

If the home is rented out and rental income is earned from the property then yes the improvements may be claimed. But if the improvements are made on your personal home, in which you reside - no, no deductions are allowed from your personal tax.


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