Business paying your home rent

baker6743

Hi
I make stuff at home and sell on ebay, I've now reached a point where I sell over £1000 if I sent a business account up instead of me talking a wage can I pay the rent on my house through the business and claim it through this? 

happycharlotte

Personal accounts are for casual buying and selling on eBay, while business accounts are a good option for sellers who want to:

• Sell ​​items that were bought exclusively for resale
• Make items and sell them, intending to make a profit
• Sell a large number of goods on a regular basis
• Buy items for their business

Business sellers can register with a company name which will appear in correspondences and invoices. They may also be eligible for tax benefits and qualify for discounts on eBay fees.
I hope this helps!

soolin

gavin7 said:

Hi
I make stuff at home and sell on ebay, I've now reached a point where I sell over £1000 if I sent a business account up instead of me talking a wage can I pay the rent on my house through the business and claim it through this? 

The short answer based on your very limited information is unlikely, The longer answer requires a lot more information , you say you make £1000, do you mean a day, a week a month? 

Just for information everything boils down to percentages , and everything has to be reasonable , you don’t use a property 100% for business , you do after all sleep and live there as well. also be careful about rushing in to set up an expensive company with costs, depending on actual income a sole trader might be better. 

Lastly of course do you have permission of the landlord to run any form of trade from the property. 

chatterbox121

First of all you would have to declare this income to hmrc for tax purposes