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Landlords Energy Saving Allowance

Landlord’s Energy Saving Allowance (LESA)

A tax break for Landlords...

The Landlord’s Energy Saving Allowance (LESA) is a tax allowance which lets landlords claim on their tax return against the cost of buying and installing energy saving items. Tax relief is for a maximum of £1,500 per property.

What measures are eligible?
You can claim if you’ve installed the following items:
  • draught prooing
  • loft insulation
  • loor insulation
  • cavity wall insulation
  • solid wall insulation
  • insulation for hot water systems
How much can I save?
Here’s an example of how it works. If you’ve installed insulation at a cost of £1,500:
Annual taxable income - £20,000
- LESA (cost of insulation) - £1,500
Total taxable proit - £18,500
Saving at 22% tax = £330
Saving at 40% tax = £600

How do I claim?
It’s simple to do. When illing in the Land and Property supplementary pages of your tax return, you should include the cost of these items in box 5.36C. Guidance on LESA can be found in the supplementary notes for the Land and Property pages of your main self-assessment return. All installation work needs to be completed by the end of March in order to claim it for that tax year.

What are the advantages of installing these measures?
  • Your tenants will have warmer, more comfortable homes that are cheaper to heat. For you, empty periods, complaints and repairs should decrease as a result.
  • There will be reduced risk of damp, condensation and mould growth in your properties.
  • You’ll improve your Energy Performance Certiicate rating.
  • You’ll be helping prevent climate change. It’s energy use in our homes that leads to much of the carbon emissions that are causing global warming. Become a green landlord by installing good insulation and lowering your properties’ overall energy use.
Where can I get more information?
To find out more about LESA, talk to your accountant or tax advisor, or visit www.hmrc.gov.uk. The Energy Saving Trust can provide you with a personalised Home Energy Check report on each of your properties for free. Simply complete the questionnaire today and you should have your report very soon. The questionnaire is available at:www.energysavingtrust.org.uk/proxy/view/full/165/homeenergycheck

For more information or advice, please call the Energy Saving Trust on 0800 512 012.
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