Multiple "businesses" and home office use

[MrMarkyMark]

This was what I was keen to avoid ie calculation and need to have an argument to back it up.

Just claim for one of them, then.

[MrC]

strictly speaking you should assess the number of weeks for each business x £4. If you spend more time on one of your businesses, it will make sense to reduce the number of weeks you claim for your second business.

This was what I was keen to avoid ie calculation and need to have an argument to back it up.

[Chart Accountancy]

Homeworking

So you can offset £4/week against profits for home office use without any further calculation etc.

If you have a ltd contractor business and a BTL "business" can you claim the £4 for each or just in total?

The use of home expense is regarded as payment from the employer to the employee working from home (i.e your company pays you as being the director working from home). The £4 is to cover additional household expenses (i.e gas, electricity, etc). Therefore, you can claim for your businesses separate allowances to cover the increase in your household expenses for each business individually. However, as the allowance is £4 per week, strictly speaking you should assess the number of weeks for each business x £4. If you spend more time on one of your businesses, it will make sense to reduce the number of weeks you claim for your second business.

[TheFaQQer]

What does the accountant for your BTL business say?

For the sake of £208 a year, is it really even bothering trying to game the system?

[MrC]

So you can offset £4/week against profits for home office use without any further calculation etc.

If you have a ltd contractor business and a BTL "business" can you claim the £4 for each or just in total?