Working from home as sole prop and partnership

shorn

I work from home as a sole trader and as such claim the use of home expenses based on the calculations of the proportion that's used (not the simplified expenses)

I have also set up a partnership with a friend in 2022 and we need to submit the tax return. I'm wondering if it's possible to claim the use of home working expenses for the partnership as well?

It's separate work and is using my house at a separate time to my sole trader work - hope that makes sense?

DE_612183

what are yje % of each business that the property is being used for?

shorn

Both are 100% from home. Perhaps an occasional site visit, but generally, it's all from home.

BoGoF

shorn said:

Both are 100% from home. Perhaps an occasional site visit, but generally, it's all from home.

I think the question was more what % of each business do you carry out from home, i.e. sole trader 70% of the time/30% p'ship. 

shorn

OK. So my sole trader work is full time at home. Partnership work is in addition to this and utilises probably 3/4 hours a day on top.

DE_612183

and what % of your house does each business take up?

I presume sole trader is 37 hours a week, partnership 17/18 - is there a dedicated work space for working?

shorn

Yes, dedicated office. 1/6th of the house. 

BoGoF

Calculate the expense as normal then split according to how much of your working time is spent on each part. I.e. 80% on sole trader activity gets 80% of the bills etc.

shorn

Ah OK. That makes sense to me. Thank you.