S94H ITTOIA 2005

Where a home is used partly for business purposes, the simplified expenses rules allow a flat rate deduction for household running costs listed at BIM47820. The deduction is based on the number of hours spent wholly and exclusively on core business activities in the home, and is only available if these hours exceed 25 per month.

Core business activities comprise:

Providing goods and/or services

Maintaining business records

Marketing and obtaining new business

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