Bit of a silly question I know. But I believe the formula to work out the "expense claim" to put through for "use of home as office" for the company space in a RENTED flat is something like.
flat floorspace given over to the home office/ total flat floorspace .
This fraction is then multiplied by the sum of
The Rent + council tax + utlitiy bills to give the bit to bill to the company as an expense.
Anyway, assuming this is right (it is right...?), then which bits of the flat count as floorspace. I think you ignore the hallways, but I have read somewhere that you also ignore the bathroom. Is this correct? It would be an extra 100 quid a month tax free if so (relatively big bathroom, small 1 bed flat rent approx 1200/month - yes london)
Thanks much.
flat floorspace given over to the home office/ total flat floorspace .
This fraction is then multiplied by the sum of
The Rent + council tax + utlitiy bills to give the bit to bill to the company as an expense.
Anyway, assuming this is right (it is right...?), then which bits of the flat count as floorspace. I think you ignore the hallways, but I have read somewhere that you also ignore the bathroom. Is this correct? It would be an extra 100 quid a month tax free if so (relatively big bathroom, small 1 bed flat rent approx 1200/month - yes london)
Thanks much.
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