We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Second Home For Work Purposes
Options
Belstaff16
Posts: 1 Newbie
in Cutting tax
Hi Folks,
I have recently moved jobs within my current company and purchased a small apartment to be near my new work location. Due family circumstances, I am not able to relocate fully. Does anyone know if any of my ongoing expenses both for property and travel can be claimed in my tax return? I am a PAYE employee.
I have recently moved jobs within my current company and purchased a small apartment to be near my new work location. Due family circumstances, I am not able to relocate fully. Does anyone know if any of my ongoing expenses both for property and travel can be claimed in my tax return? I am a PAYE employee.
0
Comments
-
There is no tax relief available if you choose to buy a second home to reduce commuting. In addition, you can only have one main residence for tax purposes, so you will need to choose within two years of buying the second property which of your two houses you wish to nominate as your main residence.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards