Is Painting classed as Capital or Revenue Expenditure?

PepsiMaxPepsiMax Posts: 5Registered, AAT Student
I know it may not be an important question. But I just cannot decide if this is Capital or Revenue Expenditure


  • KoopaCooperKoopaCooper London, UKPosts: 223MAAT, AATQB
    What, painting as in decorating? It's generally revenue expenditure, as it doesn't materially improve the building but rather just bring it back to a serviceable state.

    Unless it can be proven to be one part of a larger overall renovation and extension project, HMRC will reject a claim to capitalise painting and decorating.

    Now, if you were talking about buying A painting as an asset, then that could be a capital expense. :)
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