We are intending to have an extension built onto the side of our property this year incorperating my home office (approx 30%)
The remainder of the extension will be to enlarge our lounge / dining room and for a small ground floor cloakroom.
What proportion (if any) can I utilise to offset my 2011/2012 income tax? I already partly work from home using the 3rd bedroom. I am self employed and the company is me 'trading as', VAT registered with just 2 staff.
Any advise very much appreciated, it would be a pity if I couldn't get any tax benefits from this!!