Invoice "use of home as office"

Invoice "use of home as office"

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A client wishes to invoice his limited company for the use of his home office - five room house - one fifth of annual housecost.  If he invoices himself, does this become a rental income on his self assessment?  Would he be better just repaying himself from the company as an expense?

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By James Hellyer
27th Sep 2013 09:33

Self-assessment

The use of home as office income should be included on his self-assessment return, along with the expenses you've based the charge on. So £1,000 income, say, matched by £1,000 expense, and on your accounts file a computation to support the £1,000 charge

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