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Working from home and claiming a rent allowence
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Ron O'Brien
Oct 2, 2008, 7:12:57 AM10/2/08
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When I started my working from home business I had an accountant who told me
to claim a 'rent' for my business use of the house (I use a spare bedroom in
a 3 bed house) and that should reasonably be 20% of my mortgage.
to claim a 'rent' for my business use of the house (I use a spare bedroom in
a 3 bed house) and that should reasonably be 20% of my mortgage.
I have now paid off my mortgage so what yard stick should I now use? or can
I no longer claim a 'rent' as I do not have the mortgage as a cost?
--
Ron
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