Improve the energy efficiency of your property and make tax savings
If you are a landlord and make energy saving improvements to your property, you could reduce the tax you pay. You can do this by claiming the ‘Landlord’s Energy Saving Allowance’ (LESA).
LESA is a tax allowance (not a cash payment) that allows you to claim up to £1,500 against tax every year and can be claimed for properties you rent out in the UK and abroad. You can claim LESA for the costs of buying and installing certain energy saving products for properties you rent out, but only for what you actually spend. Qualifying improvements include:
• Cavity wall and loft insulation
• Solid wall insulation
• Draught proofing and hot water system insulation
• Floor insulation
You can claim LESA up to 01 April 2015, when the availability of this allowance will end.
Find out how you can make this claim by visiting
http://www.direct.gov.uk/en/HomeAndCommunity/Privaterenting/RentingOutYourProperty/DG_175186
Published on Friday 28th October 2011





