Hi
I am a sole trader who operates out of my spare bedroom. The end of the financial year is approaching and I understand that I may be able to charge my business for rent of the room and costs towards other issues such as heating etc. Can anyone provide a very basic overview of what can be claimed back off my company and how much you can get away with without worrying the tax man?
I am a sole trader who operates out of my spare bedroom. The end of the financial year is approaching and I understand that I may be able to charge my business for rent of the room and costs towards other issues such as heating etc. Can anyone provide a very basic overview of what can be claimed back off my company and how much you can get away with without worrying the tax man?