Homeworkingcostsfortheself-employed

Where part of a self-employed person's home is used regularly for business, a proportion of related household costs, such as heating, lighting and other running costs, can usually be claimed against taxable profits. This can be calculated using a simplified flat rate or by apportioning actual costs.

The right approach depends on how much of the home is used for the business and how often, and getting the calculation right matters both for maximising the deduction and for avoiding complications, such as affecting reliefs on the home if actual costs are apportioned. We can help you choose the best method.