Tax implications of working from home
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PhilHallAAT
Registered, Moderator Posts: 80 mod
As millions of employees and many of the self-employed begin working from home, new challenges and opportunities are being faced.
One often overlooked factor is the tax implications of doing so.
This AAT Comment piece provides some information to help make sure no one misses out on the tax relief due:
https://www.aatcomment.org.uk/accountancy-resources/tax-accountancy-resources/tax-implications-of-working-from-home/
One often overlooked factor is the tax implications of doing so.
This AAT Comment piece provides some information to help make sure no one misses out on the tax relief due:
https://www.aatcomment.org.uk/accountancy-resources/tax-accountancy-resources/tax-implications-of-working-from-home/
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Comments
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Increasing the flat rate deduction for homeworking – The government will increase the maximum flat rate income tax deduction available to employees to cover additional household expenses from £4 per week to £6 per week where they work at home under homeworking arrangements. This will take effect from April 2020.0
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Indeed it does, from 6 April 2020.2
