Home insurance for director

MTJR
Registered Posts: 8
Hi,
Can anyone help me with this -
someone starts a limited company and they are the only shareholder and director. They work from home and because of this their home insurance has increased. How would this work in the company accounts? Is the increased portion included in the accounts?
Can anyone help me with this -
someone starts a limited company and they are the only shareholder and director. They work from home and because of this their home insurance has increased. How would this work in the company accounts? Is the increased portion included in the accounts?
0
Best Answers
Answers
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Thank you. And am I right in thinking you can choose just to use the flat rate of £6 a week for use of home? Would that be instead of working out use of home expenses?
So there’s a choice between working out the expenses which would include the business part of home insurance, or use the £6 flat rate0 -
Excellent, thanks for your help0