This is probably a stupid question and I think I have over thought this.
I have a client who lets his large house out on the weekend to paying guests ( up to 16) .
They have full use of the house so he moves out for the weekend and rents a flat nearby. He wishes to claim the cost of renting the flat as a business expense, although I believe he can't as this is private living expenses.
Am I correct or is he?
Replies (3)
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I agree with you.
The proceeds he received may be eligible for rent a room relief though.
He can claim the cost as a business expense but whether it's tax deductible is another question. I'd say not.