Not sure on something?
The home has a dual role for many people who carry on a trade. It is where they live and also where they carry on some or all of their trade. Many of the costs for household expenses cover both trade and private use.
Methods of calculating use of home:
|Hours of business use per month||Flat rate per month|
|25 to 50||£10|
|51 to 100||£18|
|101 and more||£26|
You may be able to claim a proportion of your costs for things like:
You’ll need to find a reasonable method of dividing your costs, e.g. by the number of rooms you use for business or the amount of time you spend working from home.
You have 4 rooms in your home, one of which you use only as an office.
Your electricity bill for the year is £400. Assuming all the rooms in your home use equal amounts of electricity, you can claim £100 as allowable expenses (£400 divided by 4).
If you worked only one day a week from home, you could claim £14.29 as allowable expenses (£100 divided by 7).