Hi Everyone,This question was previously asked and from the HMRC rules the expense mentioned above is not fully allowable.Now can anyone please re-confirm. Kind Regards,Nathalie
Here is what I found from the HMRC website regarding working from home - You won't be able to get relief on domestic expenses that you're paying anyway - like your mortgage or council tax. You also won't be able to get relief for expenses that relate to both business and private use - such as your telephone line rental, or Internet access.An expense is classed as something that is for business purposes only - a boiler would have to be repaired whether a business was ran from the house or not.That is my understandingTerri
Terri Homyard AICB CB.Cert PM.Dip (Based in Sheffield)Email me at terri@a1-bookkeeping.co.ukwww.a1-bookkeeping.co.uk
I also found this on the HMRC website - This is classed as a disallowable disallowable expense:
Repairs of non-business parts of premises or equipment; costs ofimproving or altering premises and equipment.Terri
Hi Terri That should not be your your understanding as you are allowed claim expenses, you must prove the business element and take the %. I do not have time to go into detail. But this has been covered on the forum in great detail. A bolier would involve Capital Gains tax though.http://www.hmrc.gov.uk/manuals/bimmanual/bim47820.htmEdited at 04 Apr 2012 07:15 PM GMT
Sarah Douglas C.FICB
HouseTree Business Ltd
Hi Everyone,Thanks for your reply....As Sarah confirmed we are allowed to claim as long as we can prove the business element.The apportionement process apply in this case.I have attended a HMRC workshop during which the apportionment of expenses was mentioned.Kind Regards,NathaliePs Thanks Sarah Edited at 05 Apr 2012 09:05 AM GMT
Thank you for clearing that up SarahIt's something that I had never come across before and was just trying to help as no one else had replied
Hi Terri Don,t worry I know you were trying to help , it is a difficult area. I think it is an area that should be covered more . It does seem to cause a lot of difficulty, that is why the article is better then me trying to explain it.
sarahsaid:
“Hi Terri Don,t worry I know you were trying to help , it is a difficult area. I think it is an area that should be covered more . It does seem to cause a lot of difficulty, that is why the article is better then me trying to explain it. ”
