Replacement of domestic items available on revenue expenditure incurred wholly and exclusively for the purposes of the property business. This document discusses all the available reliefs for residential property businesses such as replacement of domestic items relief (2016/17 onwards), replacement of fixtures (2013/14 onwards), statutory wear and tear allowance (2011/12 to 2015/16), statutory renewals basis (2015/16 and prior years) and others.

Points discussed within this guidance note:

> Introduction to available reliefs for residential property businesses

> Replacement of domestic items relief (2016/17 onwards)

> Replacement of fixtures (2013/14 onwards)

> Statutory wear and tear allowance (2011/12 to 2015/16)

> Statutory renewals basis (2015/16 and prior years)

> Non-statutory renewals basis (2012/13 and prior years)

> Non-statutory replacement of fixtures (2012/13 and prior years)

> Non-statutory wear and tear allowance (2010/11 and prior years)


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