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Tax allowances increased


paulears

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Quote "A spokesman for HMRC told FreelanceUK: "The BIM guidance... does not cover employees. So, someone working for a limited company as an employee would not be covered"." Un-quote.

 

 

So are we really gaining anything ??

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It does say

HM Revenue & Customs has moved to clarify the costs of working from home which self-employed professionals can now claim against the income of their business.

 

My bold. It isn't, sadly, for employees.

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“It’s not enough just to make a couple of phone calls and write up your books at home – you would need to spend a significant proportion of your working week actually working at the house."

 

and

 

"if an area of the home is solely in business use for a significant amount of time."

 

Are important facts as well.

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