I Run a Motel/Boarding House – What Can I Claim?

I Run a Motel/Boarding House – What Can I Claim?

I run a Motel/Boarding House - what can I claim? Inland Revenue have released an exposure draft on the deductibility of expenses incurred by hotels, motels and boarding houses. The release focuses on these businesses where the proprietor lives on-site. In short, the release clarifies how to account for private...

30/06/2021
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Claiming Expenses for Non-Breeding Bloodstock

Claiming Expenses for Non-Breeding Bloodstock

Taxpayers that breed horses as part of their business can claim expenses for non-breeding bloodstock that may be used for racing. If, as part of your breeding business you have bred a colt that is subsequently gelded for racing, you will need to apply to Inland Revenue to claim further...

07/09/2020
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COVID Information
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