Alternative digs; Retirement plan; Diamond VAT; Hotel apartment
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Alternative digs
Can accommodation costs be deducted from a property owner’s rental income?
Our client lives in a very desirable area of London.
A visitor to the UK who was working for a short period in the city did not want to stay in a hotel or equivalent and offered my client £20 000 a week for eight weeks for the sole use of his personal private residence.
The offer was too good to refuse so my client accepted but...