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Post Info TOPIC: Use of home as an expense
Elaine R


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Use of home as an expense
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How much can a CIS subcontractor charge for the use of his home whilst getting his accounts in order?

It's not something I have done before so need some guidance.

I will be charging some myself this year as I have had more work.  Not bothered previously as not worth it.

Elaine

 



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E Roscoe
FoxAccountancyServices


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I believe £4 per week is the amount that HMRC wont question

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FoxAccountancyServices


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I say this because as a contractor, he is no doubt out on site most of the day, so how much could he really put through over this. If he was working at home full time, I would push for more, but in this case, I would just go for £4 a week

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kjmcculloch83


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This may help: www.kmbookkeeping.co.uk/guide-home-office.php i do need to update it to £4 a week though.

Kris

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FoxAccountancyServices


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Hey great page, Kris!

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Princess


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Can we include water bills in that calculation?

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kjmcculloch83


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Yes, water rates can be included. I wrote the article for Scotland where we don't pay for water.

Kris

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Shamus


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kjmcculloch83 wrote:

Scotland where we don't pay for water.

Grrrrr.....



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Shaun

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Peasie


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Shamus wrote:
kjmcculloch83 wrote:

Scotland where we don't pay for water.

Grrrrr.....

Don't worry - we do pay for it - just not metered (at the moment). It's still included in the Council Tax. 



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