Part time & self employed expenses

[g5605]

Hi,

I have been freelancer for the last six years and recently been offered a part time job (3 days a week) with a company I have done a lot of work with as a freelancer. I will still be working from home, but will be entitled to holiday/sick pay, great!

Currently I just fill out and self assessment form at the end of the year. Because I rent and have a dedicated office I am able to claim a % of my household bills.

So anyway, my questions are:

Will working as a part time PAYE employer effect the amount I can claim for my home office?

Should I be asking my potential employer to provide me with computer software/hardware & contribute to my office running costs?

thanks.
g.

[Dearnla]

Ask an accountant

[SueEllen]

Ask an accountant

But then s/he would have to pay.

There are accountancy forums on the interweb however it's a case of knowing how to use google to find the right one........

[BA to the Stars]

Be careful with the use of home as office expense. This can have tax implications on the sale of the property. HMRC allow you to claim £156 per annum. Check on the HMRC website.

[Wanderer]

Be careful with the use of home as office expense. This can have tax implications on the sale of the property.

For what most contractors do there are no tax/insurance implications.

I worked for a big company where a lot of people were encouraged to become home based workers and they said that there were no tax or insurance implications for the type of home office that most of us would use.

It only becomes a problem if you are using part of your home to have client meetings or as a warehouse for buying and selling a lot of stuff.

HMRC allow you to claim £156 per annum. Check on the HMRC website.

Pffft. Where can I get an office for £3 per week? Hardly even worth the admin to claim that pittance.

The alternative is to calculate the amount of space used for business vs private and then claim that proportion of bills/rent/council tax etc.

HMRC has some guidance on it here. You need to decide which scenario you fall under.