London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Fixed Rate Deductions for use of Home for Business Purposes

The Finance Act 2013 introduced a simplified expenses regime to allow a person who uses their home for business purposes to claim tax relief without having to compile a detailed claim.  From 2016/17 the legislation will be amended to clarify that the fixed rate allowance will also be available for partnerships.  In addition, where the fixed rate deduction is claimed in relation to one premises and the claimant has more than one premises used for business purposes, only the fixed rate deduction may be claimed in relation to the other premises.  There is no ability to ‘mix and match’ claiming a fixed rate deduction for one premises and a claim for apportionment of actual expenses incurred on another.



Date: 6th April, 2016
Author: Jacqui Gudgion


Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


Thinking of outsourcing your business? Want to know the key benefits on why you should outsource the financial func……

We are proud to be a sponsor of the Herts Show @hertscountyshow #HertsShow



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn