Sole Trader 'Home' Office

[Greg Findley]

Hi all,

Hoping someone may be able to help, I've got my self assessment all sorted ready to submit, but it occured to me I'm not claiming my office rent as an expense. I'm not sure if I'm able to or not, I currently live in a flat and rent a room back at my parents house as an office, I pay them a set amount each month, can I claim this as an expense? or would this cause issues with it being a residential address?

I've read various info about claiming for a room within your own property, but not sure if the same guidance would apply to my situation?

Thanks in advance for any advice.
Greg

 

[David Griffiths]

No problem with claiming for the rent of an office. Your parents, of course, will be paying tax on the money that you give them?

 

[Greg Findley]

Thanks for the reply David, so as long as they're declaring the rental income then I'll be fine to claim the full expense?