24 Fixed-rate deductions for use of home for business purposes
Finance Act 2016 (2016 c 24) | Legislation

Trading and other Income

24  Fixed-rate deductions for use of home for business purposes

(1)     In Part 2 of ITTOIA 2005 (trading income), Chapter 5A (trade profits: deductions allowable at a fixed rate) is amended as follows.

(2)     Section 94H (use of home for business purposes) is amended as follows.

(3)     In subsection (1), for the words from “in respect of” to the end substitute “in respect of—

(a)     the use of the person's home for the purposes of the trade, or

(b)     where the person is a firm, the use of a partner's home for those purposes.”

(4)     In

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