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Where Taxpayers and Advisers Meet

use of home allowance

cadplan
Posts:1
Joined:Thu Jun 13, 2019 8:40 am
use of home allowance

Postby cadplan » Thu Jun 13, 2019 8:44 am

I have a high street office and a home office. Are we really restricted to £4pw allowance or is it possible to claim more as £4 doesn't even cover the broadband?

Jholm
Posts:360
Joined:Mon Mar 11, 2019 4:22 pm

Re: use of home allowance

Postby Jholm » Thu Jun 13, 2019 9:03 am

That allowance is for simplified expenses. You can choose to claim actual rates, proportioned to the element of business usage. Often this is hard to quantify accurately.

bd6759
Posts:4262
Joined:Sat Feb 01, 2014 3:26 pm

Re: use of home allowance

Postby bd6759 » Thu Jun 13, 2019 10:16 pm

Are you employed or self employed?


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