use of home as studio for pilates
My client has rented a 6 room house and has bought a reformer machine to use with clients at home.
The machine was purchased in Nov 2011. The business started Nov 11. The lease on the property started in Nov 11 and she claims that the 6th room is used soley for the business. However, the lease prohibits any business use of the property.
During this time she has only had a few clients to her house to use the equipment. The group classes she runs are held at a hired venue.
What should she claim for? The machine cost £8,000 and I have claimed AIA on this, with no personal use.
I was originally going to claim for 1/6 th of the rent etc but am wary now because of the clause in the lease prohibiting business use. The income generated to date is minimal.
HELP! Any guidance/thoughts would be great.
- Community awards 2014 - first category 185 7
- How a company director can keep paying £833 61 3
- Suggested tips to become a better accountant? 472 14
- Employee steeling client data 110 1
- Do most of you still use MS Office? 1,356 23
- Small bus. accounting software with departments 189 5
- Subsistence Exclusions 131 3
- Insurance Claims - Legal Services 91 1
- CT600 274 9
- VAT Office Grimsby 211 4
- signature required 913 34
- i want to get the reserves below 25K 188 1
- Can you help me spot errors? 335 4
- format cell to exclude decimals 330 17
- WHAT THE HECK IS GOING ON AT HMRC? 146 2
- Form VAT 600 FRS 89 1
- Dividend Waiver and Settlement Legislation 152 2
- Payment plans for clients 277 3
- Supply of service to EU community body exempt from VAT 94 1
- Lease 148 4
- Auto enrolment excuses 1,307
- Feedback on accounts production software for IFRS 853
- Add T&Cs to Sales Order in Sage 548
- Credit where credit's due....... 339
- Buying goods in US and selling them to company in US 261
- TheTax Donut 232
- Double taxation relief - same income, different individual 188
- Semi retired FCA or equivalent 180
- Director's business mileage 151
- Sole trader CPD 145