I’m a landlord, with one property, currently 3 years into letting it out. Please do not send hateful messages as a landlord, i look after my tenants and keep the property in a high standard.
I’ve claimed the usual expenses such as management fees, repairs and anything related to the property.
I want to know if I can claim a laptop and mobile phone every year and if this will be rejected by hmrc, these devices will be used for the business wholly every year and once the financial year is up, i will purchase another one.
E.g. April 25/26 tax year, spent £1K on laptop and phone, use them for the business, then as soon as it hits April 6th 2026-2027 tax year, another £1K laptop and phone. Again same thing, used for the business wholly, previous devices no longer used as either not fast enough, not performant, lack of memory, space or processing power.
My main question here is: although this may seem like a silly way to spend money that would be taxed and spending money for the sake of it, is this fine to claim as an expense? I see no ruling against this in hmrc, and there are no information regarding what to do with old devices?
To explain my tax situation; i’m 40% bracket, landlord surcharge with NI & 2% brings it to almost 52%, add on student loan i am at 60-65%. This 60% (rounding here) means for every £1K made in rental income, i would only get £400 in hand. Instead I could buy a £1K laptop and phone, spending the otherwise £600 I would lose in tax.
S&S ISA is post taxation profit so it would be the same £400, and for pension contributions I am maxed out.
Any advise on whether this is fine to do?