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Where Taxpayers and Advisers Meet

my daughter is running a business from a room in my house

sandoval
Posts:1
Joined:Wed Dec 11, 2024 12:25 am
my daughter is running a business from a room in my house

Postby sandoval » Wed Dec 11, 2024 12:35 am

If I charge my daughter for using a room in my house to run a business can she deduct it from her tax liability.? Also is it going to affect my tax position if i sell the house down the line? Couldn't find anything on a search

pawncob
Posts:5190
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: my daughter is running a business from a room in my house

Postby pawncob » Sat Dec 14, 2024 6:24 pm

https://www.taxinsider.co.uk/use-of-home-as-office
With a pinch of salt take what I say, but don't exceed your RDA


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