Are you paying commercial rates for the business use of the premises ?
If a person is running a business from a bedroom in their primary residence, what proportion of the domestic bills can be written off against tax?
I know that this is a big "it depends" situation, but any guidance would be appreciated.
I am referring in particular to ....
Electricity
Gas / Oil
Property tax
Maintenance
Eircom phone & Broadband
House Insurance
Rent / Mortgage
Water charges
I would be hesitant to claim any significant deductions for any of the above items, particularly in light of the recent Revenue kerfuffle over home office company deductions.
According to [broken link removed]
If you are working from home you may be able to claim a proportion of household bills such as telephone, heating, lighting etc.
Of course, a lot depends on how much time you spend working at home ...
It could be couple of hours a month to write up the books
or
Fifty solid hours a week.
Mandelbrot is on the very conservative side.
Re package for TV/broadband/phone - the prices here are broken down. TV very hard to argue that business. However broadband and landline - pure business expense in my view and incidental business use. Who has a landline these days but only for business.
I know of one chap who works from home and has moved to business packages so VAT can be reclaimed. Business UPC, business landline and mobile. Any personal use is wholly incidental.
Thanks everyone,
I think I'll err on the side of caution on this one.
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