HouseBuyer10
Registered User
- Messages
- 69
Is rent a room applicable to a B&B or full board accommodation provision trade?
.....given that accommodation provision with meals etc is clearly a trade?
If meals are provided, do you consider it a trade ?
If a room is rented out, the tenant shares the bathroom and kitchen in the house and you clean these facilities, is that a trade ?
Its impossible to provide definitive answers to such questions, but I'd be somewhat worried that Revenue - given their previous lucrative u-turns on issues like the R&D credit and home office travel expenses - could very easily turn around and suggest that such factors would turn a room rental arrangement into a trade - as provision of meals and cleaning of shared facilities isn't exactly typical of rental arrangements.
You refer to things like provision of meals and cleaning of shared facilities not being typical of rental arrangements and sure, if we are talking about someone renting a 6,000 sq. ft commercial unit then you are quite likely correct, but if we are talking about someone renting a room in a house it's far more likely to be a typical part of the rental arrangement imho.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?