The latest issue is employers who having had people work at home for a year or so by making do, think it's OK for them to do so as normal business. I don't see why I should give up my space to save them office rent. We bought the house based on our requirements and that only included one home office (SWMBO's work is by default from home and always has been).
Mention capital gains tax (when property sold), business rates, insurance - all might be relevant if you work at home.
It’s not. You can claim tax relief on expenses and some purchases though which I have done.
The trade off from working from home is not paying to commute. That’s a fair rebate. £2708 a year in my case. Not to mention the 17 odd (24 hour days) I don’t have to sit on trains or in traffic for.
Commute was / is (almost) free for me as I can charge the PHEV at work for free. Jut mileage based maintenance and wear.
As I don't have to do a tax return since I closed the limited company it's not worth starting for the small amount I could claim.
Well, strictly speaking it isn't free as you have to pay considerably more for your car insurance if you have declared that you use the car for going to and from your place of work.
Depends on the company. Mine does not charge extra for commute over SD&P (it always used to cover the commute anyway) I actually pay for "business" use which costs about £30 year. That allows me to use it for work trips and claim mileage. It does not take many miles to cover that.
It also saves any argument if I get stopped by plod or have an accident with TE in the car. Been down that road, both ways. When I had the Ltd company I had a small van and I was stopped one night by plod and thy had already checked and seen it was registered to the company. They wanted proof that I had permission to drive it for private use (I was coming back from a mates house and had had 1 small beer which I declared to them but did not even put the amber on their breathalyser). I
said don't be silly and they got all techey. Said I needed written permssion. I asked them for a bit of paper and wrote "Robert has permission to drive all company vehicles" on it. The said I could not give myself permission
. I said why not, I just held a meeting of all directors and share holders in my head and we said it's OK. He would not belive you could have a Ltd company with just one person. Had the same trouble with the bank who wanted the Company Secretary to sign something. My CS was another Ltd Co. run by my accountants. A CS just has to be a legal entity, it does not have to be a person.