I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
thanks for the fast response. I understand that interest is deductible and capital is not.
My questions is more related to the specifics of the Green Deal financing structure from home eco improvements. If I had paid for the repairs myself without the Green Deal Financing structure, the invoice would be tax-deductible as it would be classified as a revenue expense (e.g. like for like replacement at current standards). Given that I don't receive an invoice from the Green Deal provider but am paying for the product and service through a special financing arrangement - e.g. electricity charges me for the installation and the interest on the payment - I would expect that the full amount charged should be tax deductible. The product and services have not changed, the way I pay for them have.
Could you please revisit the question.
great. Thank you for the clarification.
I thank you for accepting my answer.