Claiming household bills as expenses
Did you know … you are allowed to claim for some of your household bills as expenses if you are a sole trader working from home?
· Council Tax
· mortgage interest or rent
· internet and telephone use
you can’t claim for the total amount, but you can certainly claim for a fair proportion of them. If it’s easier, there are ‘flat rates’ that the HMRC can pay out – you should claim for whichever is more beneficial to you.
This goes for your vehicle use and if you live in your place of work too (e.g. a B&B)
If you’d like more information on this or anything else financey – please get in touch … SAY HELLO