Here's how to claim tax relief for working from home
Here's how to claim tax relief for working from home
Apr 7, 2021
goodhousekeeping.com
🏠 “Work from Home? Claim What’s Yours!” If you use part of your home for business, you can claim Home Office Tax Relief — and reduce your tax bill! 💷 Here’s how 👇 ✅ Claim a flat rate of £6/week — no records needed 🧾 ✅ OR claim actual expenses (a fair portion of rent, utilities, internet, etc.) ✅ Applies to directors, sole traders, and freelancers 💡 Small claim, big savings — it all adds up at year-end! #TaxTips #XAccounts #SmallBusiness #Freelancers #LimitedCompany #WorkFromHome #UKTax #Acc
0:15
🏠 “Work from Home? Claim What’s Yours!” If you use part of your home for business, you can claim Home Office Tax Relief — and reduce your tax bill! 💷 Here’s how 👇 ✅ Claim a flat rate of £6/week — no records needed 🧾 ✅ OR claim actual expenses (a fair portion of rent, utilities, internet, etc.) ✅ Applies to directors, sole traders, and freelancers 💡 Small claim, big savings — it all adds up at year-end! #TaxTips #XAccounts #SmallBusiness #Freelancers #LimitedCompany #WorkFromHome #UKTax #Acc
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Liam Palmer | Accountant on Instagram: "HMRC work from home tax relief explained for limited company directors 👇 If you work from home and run a UK limited company, HMRC allows you to claim home office expenses tax-free, including part of your rent, electricity, heating, and internet. Most directors miss this because they don’t realise there are two ways to claim: • The HMRC flat-rate allowance (£6 per week) • Or the apportionment method, where you claim a business-use percentage of your real h
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