Declaring spending on UK property

FIRST, a big thank you for all your advice in the Connexion and the helpguides. How do I declare my expenditure on our UK property for the coming tax year declarations?
We are tax residents in France, but have a UK property which we rent out. This year we did some maintenance on the property. We fill out UK tax forms and declare our rental income and our expenditure (this will be the first time for expenditure).
With your helpguides, there is no problem as to which boxes to use for the rent, but I can’t find a reference for where to put expenditure, or is it a case of subtracting expenses against income and declaring the net profit. N.P.

THIS is more of a UK tax question, since the property rented is situated in the UK, meaning that the profit should first be declared to the UK tax office covering the area in which the property is situated.

The amount to declare is the profit – in other words, the income less the expenses. You say this is the first time you will have expenses, but surely there have been other expenses such as the local property taxes and insurance that would have been due in past years?

In addition, there is a wear and tear allowance that can be claimed in the UK each year to account for wear on the property through being used.

Maintenance expenses can, of course, be claimed, but do be sure that you really are talking about maintenance and renewal expenses, and not expenses that could be seen to be enhancing the property, since these are put aside to be claimed later when the property is eventually sold through increasing the “cost” element of the property that is offset against the eventual sale value.

The profit figure to declare in France is the same that is assessed for taxation in the UK. There is only one box to use on the French tax form, the form 2047, as per our helpguides.