Re: Use of home.

On 25 Mar 2007 23:26:26 -0700, "Troy Steadman"
<troysteadman@xxxxxxxxxxx> wrote:

On 26 Mar, 06:14, Peter Saxton <p...@xxxxxxxxxxxxxxxxx> wrote:
On Sun, 25 Mar 2007 17:29:04 +0100, "JABAccts" <J...@xxxxxxxxxx> wrote:
Having lost my PAYE employmernt after nearly 25 years service I started self
employment as a web designer. Not ideal, but until something better becomes
an option it will at least give me some employment.
I willl be working at home, full time in one room that has been
proffesionally converted as an office. It has only office furnture and
equiptment and will only be used as on office.
I have looked on various sites regarding claiming "home " expences, and have
calculated I should use 8 roons in my calculations : - 3 bedrooms, 1
kitchen, 1 utility room, 2 reception rooms and my office.
I have separate phone and internet connections into the office.
My wife works and prior to my becoming self emplyed the house was empty all
day and the heating was off.
Now I work at home, the heating bill has increased dramatically, as the
whole house is being heated.
When I calculate the Office use for gas / electric I assume I use 1/8th.
However. would it not be reasoable to suggest a higher propartion bearing in
mind the substantially increased bill?
Sorry if this seems a little petty, but the business has not really taken
off yet and profit is low.

You shouldn't include the kitchen in your calculations.

It makes sense to judge the heating based on the increase.

I would use the office for some non-business activity to avoid CGT.


But then you can't do the apportionment: Following Furkwet's link we
see the situation is the same as it always was:

"If part of the home is set aside solely for business use for a
specific period then a part of these costs is allowable. It will
normally be appropriate to apportion these expenses by area and time".

BIM47800 - Specific deductions: use of home: contents
http://www.hmrc.gov.uk/manuals/bimmanual/BIM47800.htm

Obviously you cannot read, it clearly states you can apportion, by
area and time.....

--
Alan "Ferrit" Ferris

()'.'.'()
( (T) )
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Relevant Pages

  • Re: Use of home.
    ... an option it will at least give me some employment. ... Now I work at home, the heating bill has increased dramatically, as the ... Sorry if this seems a little petty, but the business has not really taken ... But then you can't do the apportionment: ...
    (uk.business.accountancy)
  • Re: Use of home.
    ... an option it will at least give me some employment. ... Now I work at home, the heating bill has increased dramatically, as the ... Sorry if this seems a little petty, but the business has not really taken ... But then you can't do the apportionment: ...
    (uk.business.accountancy)
  • Re: Use of home.
    ... an option it will at least give me some employment. ... Now I work at home, the heating bill has increased dramatically, as the ... mind the substantially increased bill? ... normally be appropriate to apportion these expenses by area and time". ...
    (uk.business.accountancy)
  • Re: Use of home.
    ... an option it will at least give me some employment. ... Now I work at home, the heating bill has increased dramatically, as the ... mind the substantially increased bill? ... normally be appropriate to apportion these expenses by area and time". ...
    (uk.business.accountancy)
  • Re: Use of home.
    ... an option it will at least give me some employment. ... My wife works and prior to my becoming self emplyed the house was empty all ... Now I work at home, the heating bill has increased dramatically, as the ... mind the substantially increased bill? ...
    (uk.business.accountancy)