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Old 13-01-2022, 18:20   #405
Chris
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Re: Energy companies collapse

Quote:
Originally Posted by RichardCoulter View Post
Working from home attracts tax relief. My accountant told me that I only have to work from home for at least one day in any tax year to qualify.
It does. You do have to submit yourself to the annual inconvenience of submitting a self-assessment tax return but it’s worth it. You can claim tax relief on a number of home office expenses (unless your employer is paying those expenses to you of course). You can also claim for wear and tear and additional insurance costs. My taxable income was reduced by just under £1,000 last year by this means.
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