Tag Archives: mixed-use

Tax relief for gym costs?

It may be tempting for self-employed individuals to claim tax deductions for expenditure that is not ‘wholly and exclusively’ for the purposes of their trade, profession or vocation. Unfortunately, the tax rules generally preclude a deduction for such expenditure. Mixed use However, if an expense has a mixed (i.e., business and private) purpose, the tax… Read More »

Home office: An SDLT saving?

It is common these days for individuals to work from home. For tax purposes, their attention is often focused on claiming tax relief for business expenses incurred while homeworking, or on whether capital gains tax ‘principal private residence’ relief will be restricted when the house is sold. However, what is the stamp duty land tax… Read More »