Tax on Insurance Claims + Withheld Deposits

[scott_child88_gmail_com]

Hi guys, just a quick few questions on tax that come up less often.

 

BTL insurance claim, if you claim on your insurance for damage to a BTL property, do you claim the insurance payout as income and claim any contractor repair costs as expenses or do you claim neither as its an insurance payout rather than earned income?

 

If you withhold some or all of the deposit due to losses of time, work, rent, damage or whatever, either for actual contractor costs or for your own time and hard work to clean and repair etc, does this need to be claimed as income or not as the deposit is actually to counter act your losses?

 

Many Thanks

 

Scott Child