Hoping someone can help.
I have a friend who is renting out a caravan that they inherited.
The caravan isnt available on the site it is on for enough days to meet the FHL requirements so enter it on their land and property page.
In regards to the site rental this caravan is on can it all be claimed as an expense? Im sure i read years ago that you could only claim the rent in proportion to income. e.g if the site rent is £3k and rented out for 100 days out of a possible 200 then you would claim £3k/200*100.
Im now doubting this is correct and it is all claimable as its not used personally.
Has anybody ever dealt with this?