Working at Home Expenses

Slinky

eggha wrote: »

the last 2 posts are perfect examples of why DIY and tax is not always the best way unless you are prepared to get beyond the dumbing down of the info on the .gov.uk website and read both the HMRC manuals and have a means of being up to date with legislation
https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim21604

the trivial benefits rule for a close company changed wef 6 April 2016
A director (and their family members) can receive trivial benefits from a close company, but there are rules.
The rules you can read for yourself from the link above as i see no point writing out the manual that explains them

Thanks for this, re-reading the original link I posted, I realise I missed the words 'more than' £300. I will be claiming £300 of expenses again this year.

Slinky

ComicGeek wrote: »

What are you suggesting here? That because the working from home expenses would be paid as money it wouldn't count as a trivial benefit under the £300 limit, and would therefore be taxed?? That surely can't be right, if it's a legitimate business expense and the costs incurred can be broken out in a logical and reasonable methodology.


I've been doing a lot of reading of the employment income manual, and it seems to me to concentrate on employee income (as per the title!) rather than allowance expenses from running a limited company. The examples I've seen for calculating home expenses are specifically for the self employed.


None of the accountants we've used over the years have been able to provide definitive answers. I wouldn't have any problem adding this to a P11d form and pay any NI on it, but I'm damn well going to claim for all business related expenses - otherwise I'm just subsidising the company from my own salary.

The £300 of trivial benefits are completely separate from the issue of working from home expenses, and don't have to be for things you'd normally associate as being 'business' expenses, they just need to be under £50 per item.