1 You are entitled to claim as expenses against income the costs of repair and redecoration of rental property. Many landlords do it after a tenant leaves and before a property is re-let. There are some forms of expenditure which should be capitalised and these are normally higher priced work which is intended to add value to the property.
You cannot simply treat the expenses you capitalised as if they were incurred in the 2014/15 tax year. Given that you have been completing annual tax returns for several years, you have probably missed out on claiming those repair and redecoration expenses I'm afraid. You have a year from 31 January following the end of the tax year for which to wish to make an amendment to your tax return to do so and if you miss that opportunity there is normally nothing you can do as the one year amendment period is there to cover such eventualities.
Normally, where a claim can be made through a self-assessment tax return it should be and the amendment time limit gives a taxpayer a second chance. However, as you did not make a claim for the capitalised expenses through your tax return there is no original claim to be amended so it is worth trying to make such a claim by letter. Read the notes here
. I have to say, I'm not too hopeful. The time limits are here
As you will read here
, some pre-letting expenditure can be claimed as if that expenditure had been incurred on the first day of the letting of that property.
2 You can claim this type of expense against rental income as you can read here
I hope this helps but let me know if you have any further questions.