Using home as office expense

[cannon999]

As I work part of my contract from home, my accountant has advised me that I can claim 83 quid a month worth of expenses for using my home as an office. Does this sound reasonable? I am starting to question the things my accountant have told me since they have given dodgy advise before and I am in the process of switching. It's coming up to the point in the month now when I am going to be paying myself for expenses and I am starting to wonder if this is a legitimate expense.

[northernladuk]

As I work part of my contract from home, my accountant has advised me that I can claim 83 quid a month worth of expenses for using my home as an office. Does this sound reasonable? I am starting to question the things my accountant have told me since they have given dodgy advise before and I am in the process of switching. It's coming up to the point in the month now when I am going to be paying myself for expenses and I am starting to wonder if this is a legitimate expense.

Dodgy what?

You can claim £4 a week.

Claim tax relief for your job expenses: Working at home - GOV.UK

[cannon999]

Dodgy what?

You can claim £4 a week.

Claim tax relief for your job expenses: Working at home - GOV.UK

This link is tax relief for employees

[northernladuk]

This link is tax relief for employees

Should there be one of directors? Would that help?

You are still claiming it for your company whatever your title.

[cannon999]

Should there be one of directors? Would that help?

You are still claiming it for your company whatever your title.

There should be one for a company surely? If I rent office space - I would expect to be able to expense that.

[northernladuk]

There should be one for a company surely? If I rent office space - I would expect to be able to expense that.

But you aren't renting it. That would require an official document to be drawn up. Easiest way is just to pay the HMRC guidance rates.

[northernladuk]

Here you go. Couple of seconds on Google got this.

Contractors’ Questions: How much to claim for my home-based office?

[cannon999]

Here you go. Couple of seconds on Google got this.

Contractors’ Questions: How much to claim for my home-based office?

So not £4 a week then? Thank you

[northernladuk]

So not £4 a week then? Thank you

Generally yes £4 per week.

On the other hand, if in all honesty you rarely or in effect hardly ever use your home-office, then we recommend that you err on the side of caution and stick to £4 p. w.

Which is the advice and direction a vast majority of contractors take. Whatever you think otherwise its still peanuts so just revert back to the nice easy way.

[TheCyclingProgrammer]

This link is tax relief for employees

And it also applies to company directors.

You can claim £83/month if you have evidence to support your claim that you are incurring £83 of *additional* costs per month.

Alternatively you can claim £4/week without needing any evidence.