Are you getting the tax relief on your farmhouse costs?
The farmhouse is an integral part of the farm business itself fulfilling a dual role: primarily the home of the farmer and their family (a private function), whilst also the place where the business is run from with the office often located in the house. Business meetings are held there, day-to-day decision-making taking place, as well as occupation being necessary to tend to livestock and to safeguard the farm buildings and equipment (business purposes).
Read more