Working from home tax relief - living with parents

Johntea

A simple question hopefully!
I have been working from home since March with only a few trips into the office here and there so am looking to claim the tax relief on offer (£124), but just wondered if the fact I was living at my parents home complicates matters or not? (They pay all the bills although obviously I pay them board!)

KatrinaWaves

*edit* another new govt thing.*

The £124 is only if you end up working the full year at home. 

I dont think it matters that you live with parents.

Comms69

KatrinaWaves said:

You do realise its tax relief on the £124, so 20% of that?

Indeed. Honestly for the sake of £20 i cant see why people bother. 

Some self employed people may as well, as they're submitting SA anyway; but whats the point as a one off

KatrinaWaves

Comms69 said:

KatrinaWaves said:

You do realise its tax relief on the £124, so 20% of that?

Indeed. Honestly for the sake of £20 i cant see why people bother. 

Some self employed people may as well, as they're submitting SA anyway; but whats the point as a one off

I had a wee google as things are always changing and my sums didnt match the OP's, the £124 is the govt saying if you work from home all year then your tax bill will be £124 lower for a full year on BR tax (edit, wrong, £124 on higher rate, £62 on lower rate)

So its the same thing just the govt are pushing the advertising the tax relief at the moment (probably to detract form all the other useless and detrimental stuff they are doing, but thats another issue!)

Comms69

KatrinaWaves said:

Comms69 said:

KatrinaWaves said:

You do realise its tax relief on the £124, so 20% of that?

Indeed. Honestly for the sake of £20 i cant see why people bother. 

Some self employed people may as well, as they're submitting SA anyway; but whats the point as a one off

I had a wee google as things are always changing and my sums didnt match the OP's, the £124 is the govt saying if you work from home all year then your tax bill will be £124 lower for a full year on BR tax.

So its the same thing just the govt are pushing the advertising the tax relief at the moment (probably to detract form all the other useless and detrimental stuff they are doing, but thats another issue!)

Indeed, the amount of crap going on at the mo, I've turned off myself! 

On the plus side - if i get my new job, it's work from bed for 6 months

KatrinaWaves

Comms69 said:

KatrinaWaves said:

Comms69 said:

KatrinaWaves said:

You do realise its tax relief on the £124, so 20% of that?

Indeed. Honestly for the sake of £20 i cant see why people bother. 

Some self employed people may as well, as they're submitting SA anyway; but whats the point as a one off

I had a wee google as things are always changing and my sums didnt match the OP's, the £124 is the govt saying if you work from home all year then your tax bill will be £124 lower for a full year on BR tax.

So its the same thing just the govt are pushing the advertising the tax relief at the moment (probably to detract form all the other useless and detrimental stuff they are doing, but thats another issue!)

Indeed, the amount of crap going on at the mo, I've turned off myself! 

On the plus side - if i get my new job, it's work from bed for 6 months

I daren't ask!

MovingForwards

There a dedicated portal

https://www.gov.uk/government/news/54800-customers-claim-tax-relief-for-working-from-home

Asks a few questions to see if you meet criteria, if you do there's a few questions at the next stage and that's it, they update your tax code.

Savvy_Sue

Plus as Martin said on ITV last night, you only have to work ONE DAY from home in the whole year and you can claim this. (obviously read the conditions.)

unforeseen

Savvy_Sue said:

Plus as Martin said on ITV last night, you only have to work ONE DAY from home in the whole year and you can claim this. (obviously read the conditions.)

And we know how well Martin really understands tax laws