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Property in Italy/ Renting a studio

10/01/2018 14:48:06
Hi. I bought a house in Italy. Can I claim any expense on my tax return ? One more
If i rent a studio only for my self how much I can claim as a work space ?

This message was edited 1 time. Last update was at 10/01/2018 16:22:30

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Property in Italy/ Renting a studio

10/01/2018 15:39:34
Hi there. Given the information provided I couldn't comment fully on the situation at hand. In terms of the property that you have purchased, if you are resident in the UK, the only expenses you could claim towards this would be estate agent/solicitor costs and/or improvement costs. Improvement costs would only be eligible if the improvement made wasn't already part of the property e.g. installation of a central heating system.

For your second query I would point you towards the links below which give detailed information regarding working from home or in your case a studio that you are renting.

https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim47820
https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim75010

This message was edited 2 times. Last update was at 10/01/2018 16:24:22

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