Use Of Home increase to £4 pw - Contractor UK Bulletin Board

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kingcook replied

3 March 2012, 12:47
Originally posted by Contreras View Post

In other words £208/yr tax free from Your Co. no questions asked and no BiK.

Parttyyyyyyyyyyyyyyyyyyyyyyyyy!!!!!!!!!!
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Contreras replied

3 March 2012, 12:05
Arrgh!

I blame the way posts get magically marked as read. Something to do with session cookies I think...

Anyway, sorry about that.
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Greg@CapitalCity replied

3 March 2012, 11:53
Apology accepted
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Contreras started a topic Use Of Home increase to £4 pw

3 March 2012, 11:47
Use Of Home increase to £4 pw

Not sure if this has already been posted, apologies if it has.

From 2012-13 onwards, for payments of up to £4.00 per week, you don’t need to provide any records of the household expenses you’re covering. For amounts above £4.00 you need supporting evidence to show that your payment to the employee is no more than the additional household expenses they’ve incurred. The guideline rate for 2008-09 to 2011-12 was £3.00 per week...

HM Revenue & Customs: Homeworking

In other words £208/yr tax free from Your Co. no questions asked and no BiK.
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