Home Office Claims

Many business owners use an area of their family home for work purposes and are therefore entitled to make a use of home as office expense claim.

The amount of the claim is based on the area of the family home used for the business, expressed as a percentage of the total area of the home: (Area used for business purposes/Total area of home) x 100

The expenses which can be claimed include:

  • Heat, light and power
  • Rates
  • House and contents insurance
  • Mortgage interest or rent
  • House and contents insurance

It is not absolutely necessary to set aside a specific room for business purposes, nor is it necessary for your home to be physically changed to suit the business. However in cases where a separate room is not set aside, it may be appropriate to apportion the outgoings based on criteria such as the amount of time spent on income-earning activities at home as well as the area used.

Examples of areas likely to be used for business purposes include:-

  • An office or office area
  • A storeroom or storage area
  • A workshop
  • A garage or part of a garage which is used to house a business vehicle

For more information please contact us.