<b>Any Answers:</b> Sole trader, rent apportionment and allowable costs. By Nichola Ross Martin
"Paul" asked the Any Answers forum the following question this week:
"I have a new sole trader client who has just taken out a lease on a shop/upstairs flat. He plans to trade from the shop and live in the flat. Is there a recognised formula for splitting out the rent for the flat, as this will be disallowable for tax purposes?