Working from home and claiming tax relief

Working from home and claiming tax relief

HMRC have made it easier to claim for tax relief on working from home.  They have set up a new micro-site so that the claim can be made and they have announced that you can claim for the whole year even if you have returned full or part-time to your office etc.

The claim is for £312 (being £6 per week) for 2020/21 and this is worth £62.40 for a basic rate taxpayer and £124.80 for a higher rate taxpayer.

HMRC are dealing with these quickly and you will receive a revised PAYE code for 2020/21 showing this extra deduction of £312.

Use the following link to start your claim.

https://www.gov.uk/tax-relief-for-employees/working-at-home

Follow Haslers on Facebook for all our latest updates. 

Haslers are a leading firm of Chartered Accountants, Business Advisers, Tax, VAT, Corporate Finance and Restructuring & Insolvency specialists based in Loughton, operating for a variety of clients and in various sectors throughout Essex and North East London.

As a complete financial service centre comprising 10 Partners, our work is uniquely integrated covering the full spectrum of a business lifecycle. As such our clients grow with us – for almost 70 years we have been committed to providing high quality, personal bespoke services to help businesses prosper.

At Haslers we also offer outsourcing services tailored to your needs as they evolve.  Including HR & Team Development which can guide you through the complex employment law and regulations when employing staff which can be very costly to the employer if you get it wrong.

 

Working from home and claiming tax relief