>Academic resources, such as books, audiovisual material
Lets say I sell second hand cars, and I buy books from amazon about that subject, and I subscribe to a magazine.
I believe that these outgoings are "wholly and exclusively paid for the purposes of the trade or profession"
however as I am interested in cars, and spend my spare time restoring a classic car in my garden these outgoings could be considered entertainment?
The revenue page, already quoted by another poster continues to say...
"What about expenses which are partly for business and partly private? Where expenditure relates to both business and private use, only that part which relates to your business will be allowed. Examples of such expenditure are rent, electricity, telephone charges etc., where the premises involved is used partly for business and partly for private purposes. These expenses will need to be apportioned to exclude the private use."
So I can claim for these outgoings, but how does one apportion this type of thing?