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Use of office at home and business rates

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    #11
    Mentions MIRAS - wasn't that abolished some time ago?
    ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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      #12
      Originally posted by Moscow Mule View Post
      Mentions MIRAS - wasn't that abolished some time ago?
      Indeed, it looks like the original URL has the wrong links in it now.

      This is the BIM with examples :

      http://www.hmrc.gov.uk/manuals/bimmanual/BIM47825.htm

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        #13
        Originally posted by slackbloke View Post
        Indeed, it looks like the original URL has the wrong links in it now.

        This is the BIM with examples :

        http://www.hmrc.gov.uk/manuals/bimmanual/BIM47825.htm
        This applies to self employed, not people who are employed through a litd company. see the begining of the chapter

        http://www.hmrc.gov.uk/manuals/bimmanual/BIM47800.htm

        BIM47800 - Specific deductions: use of home: contents
        This chapter explains what expenses are allowable when someone who is self-employed uses part of their home for business purposes. It does not apply to the use of home by an employee or director - for this see EIM32760 onwards.
        The Mods stole my post count!

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          #14
          http://www.hmrc.gov.uk/manuals/eimanual/EIM32700CT.htm

          See section "Home: working from home and household expenses"

          Its pretty clear - rent etc is not allowed for ltd co employees/directors, but is for self employed.
          The Mods stole my post count!

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            #15
            Originally posted by Pickle2 View Post
            http://www.hmrc.gov.uk/manuals/eimanual/EIM32700CT.htm

            See section "Home: working from home and household expenses"

            Its pretty clear - rent etc is not allowed for ltd co employees/directors, but is for self employed.
            You might have to start renting your then pickle
            "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


            Thomas Jefferson

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              #16
              Originally posted by Ruprect View Post
              You might have to start renting your then pickle
              If someone has 4k to spend, they can have a go on it no problem.
              The Mods stole my post count!

              Comment


                #17
                Originally posted by Pickle2 View Post
                http://www.hmrc.gov.uk/manuals/eimanual/EIM32700CT.htm

                See section "Home: working from home and household expenses"

                Its pretty clear - rent etc is not allowed for ltd co employees/directors, but is for self employed.
                Fair play, I might as well become an accountant for all I know.................

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