Hiya
If I am renting a house and using a room as an office and use if for 10-15 hrs a week - what is it that i can claim back and how is it calculated?
Hiya
If I am renting a house and using a room as an office and use if for 10-15 hrs a week - what is it that i can claim back and how is it calculated?
These two links should be helpful
http://www.nixonwilliams.com/free-resources/guide-expenses-contractors/home-office
Thanks very much. Very useful
When claiming - how would you process this?
Send as an expence under what catagory and would you invoice it to yourself?
tag bank payment as Use of home (create new nominal)
Or
journal it to director a/c
Dr use of home
Cr DCA