Event Melt

Reply To: Simplified expenses if you’re self-employed


    You’ll need to find a reasonable method of dividing your costs, for example by the number of rooms you use for business or the amount of time you spend working from home.

    You have 4 rooms in your home, one of which you use only as an office.

    Your electricity bill for the year is £400. Assuming all the rooms in your home use equal amounts of electricity, you can claim £100 as allowable expenses (£400 divided by 4).

    If you worked only one day a week from home, you could claim £14.29 as allowable expenses (£100 divided by 7).


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