Capital Allowances for Landlords Explained (2026)

Last updated 27 June 2026 · 8 min read · By the LandlordTaxAi Editorial Team

The short answer

For residential lets, generally no. Capital allowances are not available for plant in a dwelling-house. Instead, residential landlords use replacement of domestic items relief for like-for-like replacements of furniture and appliances. Capital allowances can still apply to assets outside a dwelling — common-parts plant, genuine business equipment — and remain important for commercial property.

Capital allowances are a common source of confusion for landlords, partly because the rules differ sharply between residential and commercial property. This guide explains the dwelling-house exclusion, the relief you use instead, and the narrower cases where allowances still apply.

See also replacement of domestic items relief and the FHL abolition.

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Rental Profit Calculator

For residential lets, claim replacement relief rather than capital allowances — see the effect on profit.

Result

Taxable profit (rent − expenses)
£11,200
Income Tax at 20%
£2,240
Less mortgage interest credit (20%)
− £1,000
Tax due on this property
£1,240
Income after tax
£9,960

Residential dwellings: no capital allowances on plant; use replacement of domestic items relief. Estimate only.

The dwelling-house exclusion

The core rule: you cannot claim capital allowances on plant and machinery used in a dwelling-house let residentially. That blocks allowances on things like furniture, white goods and fittings inside the rented home. The relief designed to fill the gap is replacement of domestic items relief.

For the typical residential landlord, "capital allowances" usually isn’t the right answer — replacement relief is.

Replacement of domestic items relief

This relief deducts the cost of replacing domestic items in a residential let — furniture, carpets, curtains, white goods and similar — on a like-for-like basis, net of any proceeds from the old item. Crucially, it covers replacements, not the first purchase: kitting out a property for the first time isn’t relieved this way.

Item / costResidential treatment
Plant/furniture in the dwellingNo capital allowances
Replacing a worn sofa/fridge like-for-likeReplacement of domestic items relief
First-ever purchase of an itemNot relieved (no relief on first buy)
Plant in common parts of a blockCapital allowances may apply
Genuine business equipment (not in dwelling)Capital allowances may apply

Since the FHL regime was abolished from April 2025, former holiday-let landlords also lose capital allowances on new domestic items and rely on replacement relief like everyone else.

Where allowances still apply

Capital allowances aren’t dead for landlords — they just don’t reach inside the dwelling. Plant and machinery in the common parts of a block, or genuine business assets used to run the lettings (certain equipment, tools), can still qualify. And for commercial property, capital allowances on qualifying building plant remain a major relief.

Claim the right relief, correctly

LandlordTaxAi reads your bank statements and helps categorise costs — including replacement of domestic items — against the right HMRC category, keeping your MTD records accurate.

See how it works

A worked example

A residential landlord replaces a broken washing machine for 2026/27.

New washing machine£400
Proceeds from old machine£20
Replacement relief claimed£380 (not capital allowances)
First-time purchase insteadNo relief on first buy

The replacement is relieved net of proceeds; a first purchase wouldn’t be — and neither route is a capital allowance.

Frequently asked questions

Can landlords claim capital allowances on residential property?

Generally no — not for plant in a dwelling-house. Residential landlords use replacement of domestic items relief instead.

What is replacement of domestic items relief?

A deduction for replacing domestic items like-for-like, net of proceeds. It covers replacements, not the first purchase.

When can a landlord still claim capital allowances?

For plant not within a dwelling — common-parts plant, or genuine business equipment used to run the lettings.

Did the rules change with the FHL abolition?

Yes — from April 2025 former FHL landlords can no longer claim capital allowances on new domestic items and use replacement relief.

What about commercial property?

Capital allowances are much more relevant there — qualifying plant in the building can attract allowances. The dwelling-house limit is residential-specific.

How does this affect my MTD records?

Most residential landlords record replacement relief, not capital allowances. Keep records of what was replaced and any proceeds.

Written and reviewed by the LandlordTaxAi Editorial Team. Our guides are reviewed against current HMRC guidance and updated when the rules change. Operated by LandlordTaxAi, United Kingdom. Follow us on LinkedIn.

Last reviewed: 27 June 2026 · Researched against primary UK sources for the 2026/27 tax year: https://www.gov.uk/guidance/income-tax-when-you-rent-out-a-property-working-out-your-rental-income; https://www.gov.uk/hmrc-internal-manuals/property-income-manual/pim3210. This article is informational only and does not constitute tax advice. Check the latest details on GOV.UK or with a qualified accountant.

Claim the right relief, correctly

LandlordTaxAi reads your bank statements and helps categorise costs — including replacement of domestic items — against the right HMRC category, keeping your MTD records accurate.