BIM46801 - Specific deductions: rent & rates: introduction

Expenses connected with premises or land occupied by a trader for the purposes of their trade will normally be allowed as a deduction unless the expenses relate to a capital matter ( BIM35000 onwards).

Normal principles apply such as the wholly and exclusively rule ( BIM37000 onwards).

Examples of allowable expenses include:

• rent paid by a trader to their landlord for premises they use for business purposes,
• business rates, council tax, ground rents or feu duties,
• the cost of insurance, whether of the building or of the contents.