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How do I work out my expenses if I run my business from home?

If you run your own business and use your home as an office, you can claim tax relief on these costs. There are two methods which you can use to work out your expenses claim for working from home.

You can claim using flat rates which are set by HMRC (sometimes also known as ‘simplified expenses’). To able to claim home working costs using simplified expenses, you must use your home as an office for a minimum of 25 hours each month. Expenses can also be worked out by calculating the proportion of your home that is used for business.

Watch our video guide to find out about tax relief you can claim when you work from home, or discover our online accounting services.

What expenses can I claim for?

Most people are surprised at just how many expenses are actually ‘allowable’ and can be claimed against tax on their tax return. When you work from home you might be able to claim for things like utility bills, or your telephone and internet costs.

Download our free guide to calculating expenses when you use your home for work.

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VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

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