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Confusing, but understandable. I thought similar to marg, which is why I am seeking clarification. So how do I claim my building insurance on my tax return? I can't claim against an asset I don't own, can I? Would anything change if settlement was in June? Any good reason to try and bring it...

I signed the contract for my latest IP on 28 May and it settles 4 Jul. When is the purchase date for tax purposes and will I include the purchase/costs in this year?s tax return? I understand that solicitor fees, building/pest inspection, stamp duty etc are either capital expenses or...