Self employed working from home

New guidance has been issued by the Taxman on what expenses can be claimed by the self employed when they work from home.

Allowable pro-rated costs:

  • mortgage interest;
  • council tax;
  • cleaning costs;
  • phone line & broadband rental;
  • insurance;
  • repairs & maintenance.

Pro-rating costs involves calculating the % of your home used for the business and the % of time per day each room is used for business purposes.

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