• Mick Adams

Working from Home?

You can claim tax relief of £6 per week if you are working from home. if you pay the 20% basic rate of tax and claim tax relief on £6 a week you would get £1.20 per week in tax relief (20% of £6). That's a gain of £62 for the full year. A 40% tax payer would get £2.40 per week, a gain of £124 for the full year.

HMRC have made the process as simple as possible and you can claim the tax relief at by following this link:

You only need to claim once for the whole year.

If you believe you have higher increased costs than £6 a week, you can claim more, but you will need evidence of the cost increases and be able to apportion these specifically to the fact you are working from home – and this becomes a much more laborious process.

2 views0 comments

Recent Posts

See All

Limited Company Directors - Salary and Dividends 2020/21 To achieve the most tax efficient way of extracting money from your limited company you should consider a mix of salary and dividends. How much

None of us want to think about getting old but it is worth making sure that we have enough money to enjoy it when we get there! The full amount of new State Pension is currently £168.60 a week – just