What can I claim for using my home for business?

Yes, we claimed a small amount for you working from home for Upstarter for November 2019 and I have a note to do a proper calculation.

How many rooms do you have in your home excluding kitchen/bathrooms? Do you have a whole room dedicated to the businesses or is it only a half? Eg if you have 6 rooms in your home and a dedicated home office then 1/6 of the costs of running your home relate to your office.

BUT your office is probably used for your home admin at weekends too so maybe 5/7 is business related. As the office is not used for business 100% of the time it is not subject to capital gains tax when you sell your home. This means that 1/6 x 5/7 of your costs relate to the business.

Included in your costs are:

  • Mortgage interest (not repayment) or rent
  • Council tax
  • Electricity
  • Gas
  • Water
  • Cleaner
  • Some other costs are also acceptable so talk to us about anything else.

Sole traders and partnerships can just include these costs as capital introduced to the business. Limited companies will need a licence from the director to the company.

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