BlogLatest NewsMultiple occupancy landlords beware HMRC's new position on communal areas

Multiple occupancy landlords beware HMRC's new position on communal areas

HM Revenue & Customs latest Business Brief treats some communal areas as dwellings.

HMRC's Business Brief 45/10 has set out their position regarding kitchens and other communal areas for multiple occupancy dwellings such as student accommodation. This update has been awaited for some time. In summary, areas such as kitchens and lounges will now be treated as dwellings alongside tenants' private rooms. This may have implications for VAT, and for expenditure otherwise eligible for Capital Allowances, incurred on or after 22 October 2010. Common areas such as stairs, lifts and lobbies will not be treated as comprising part of the "dwellings".

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