How to work out expenses for mortgage?

[northernladuk]

Makes me smile sometimes when I read this stuff. We have to fight hard to prove as PSC's we don't have fixed hours, fixed locations and all that marlarky and then in their own doc's they assume we do.

In many cases the contract between the service company and the client will specify that the duties of the director or employee in relation to that contract are to be carried out at the client's premises. Often the contract will specify fixed working hours at those premises.

Not really a point for argument but makes me smile non the less

[lithium147]

Have been claiming about £100 a month for rent for last few years, maybe time to roll my company..

[kingcook]

If you are talking an office space but you tend to work on client site then I believe it is £4 a week.

When did it change to £4/wk? I've been claiming £3/wk all year. I feel ripped off

[northernladuk]

When did it change to £4/wk? I've been claiming £3/wk all year. I feel ripped off

Time to get a better accountant

[northernladuk]

Have been claiming about £100 a month for rent for last few years, maybe time to roll my company..

and get a decent accountant while you are at it.... maybe one that answers your questions quickly and with links to back it up

[SueEllen]

When did it change to £4/wk? I've been claiming £3/wk all year. I feel ripped off

Spend less time in General and then you would find these wonderful things out.

[Jessica@WhiteFieldTax]

Am working freelance at the moment, so mostly at home.
Dedicated home office area of flat is about 20% of flat foot print.

Watch "dedicated area" - therein lies the route to NNDR and CGT on sale. Your "dedicated area" should also be used for domestic use part time.

Off the top of my head, and I confess I haven't checked, I think the rules changed a couple of years back to include fixed costs like mortgage and council tax, in which case the calculation would be costs (interest, council tax, utilities, insurance, repairs x 20% x (say) 95% (allow 5% for domestic / family use).

[jamesbrown]

When did it change to £4/wk? I've been claiming £3/wk all year. I feel ripped off

http://forums.contractoruk.com/accou...allowance.html

[Sally@InTouch]

Have been claiming about £100 a month for rent for last few years, maybe time to roll my company..

Eeek...

Unless of course it isn't your primary residence?

[captainham]

I suspect nobody has yet given the answer the OP wants to hear, so anything else that is posted is probably futile!