SE31640 - The Schedule E expenses rule: each and every holder
Section 198(1) ICTA 1988 permits a deduction for expenses
incurred by
the holder of an office or employment. It does not
refer to the expenses incurred by any individual holder or
a holder of an office or employment.
This means that the test is an objective one. It looks at the
requirements of the job itself rather than the circumstances or
preferences of any particular individual doing it.
It follows that an expense is only deductible if it is an
expense that each and every holder of that office or employment
would have to incur. The Courts have consistently supported this
approach in a series of decided cases.
The effect of this rule is illustrated by example
SE31643.
