Claiming Home Office Costs as an Expense
Home office costs are an allowable expense for small businesses (assuming the home is used for business purposes).
This is claimed either as a flat rate of £6 per week (£4 pw before 6th April 2020), or by calculating a proportion of your home's expenses.
If you feel your home office costs are more than the £6 per week flat rate, please provide us with the information below. We will then use this information together with HMRC guidelines to advise you of a reasonable monthly home office claim.
- Do you have a dedicated room as office space? Y/N
- If yes, how many rooms are there in the house (including the office but not bathrooms)?
- Number of hours worked at home per month?
- What are your approximate combined monthly costs of:
- Utilities (Gas, Electric, water)
- Council Tax
- Rent or Mortgage Interest