Finance

Manage the financial side of working from home with confidence. Topics include government support, pricing strategies, tax obligations, expense claims and simple accounting methods.

Business Expenses
Business Expenses
Home business owners can claim some costs against tax, but capital equipment and everyday expenses are treated differently and must be purely for business use.
Business Help from the Government
Business Help from the Government
Government support services can help new and existing business owners with free advice and practical assistance.
Dealing with Income Tax
Dealing with Income Tax
When you work for yourself, your taxes become your responsibility, here's what you need to know about Self-Assessment and filing your own returns.
Distractions in the Home
Distractions in the Home
Home workers struggle with distractions like the internet and social media, so self-discipline is crucial to stay productive.
Expenses Allowed for Home Workers
Expenses Allowed for Home Workers
You can claim heating, equipment and office setup costs as tax deductions if you work from home, but make sure HM Revenue & Customs approves them first.
Finance for Your New Company
Finance for Your New Company
Government grants for new businesses exist but won't cover all your startup costs, so plan to find funding from multiple sources.
Home Business Contracts
Home Business Contracts
Written contracts protect freelancers by clarifying expectations, setting standards for behaviour, and giving you legal recourse if problems arise.
Home Career: How to Achieve Better Cash Flow
Home Career: How to Achieve Better Cash Flow
Improve your home business cash flow by forecasting expenses, controlling spending, and getting paid faster from customers.
Pricing Your Services
Pricing Your Services
Figure out whether to charge by the hour or per project, and set rates that reflect your experience and past salary.
Questionnaire Taxation for a Small Business Working at Home
Questionnaire Taxation for a Small Business Working at Home
Home business owners need to understand their own tax obligations, even with an accountant handling the paperwork.
Questionnaire: Claiming Expenses When Working from Home
Questionnaire: Claiming Expenses When Working from Home
Check which home office expenses you can actually claim back and what the tax authorities won't allow.
Save Tax When Working from Home
Save Tax When Working from Home
Claim tax relief on home office costs by working out what proportion of your home and bills relate to your business.
Simplest Way of Keeping Accounts for Your Home Business
Simplest Way of Keeping Accounts for Your Home Business
Keep your home business accounts simple with basic record-keeping tips that won't drain your budget or require accounting software.
Taxing Issues Affecting People Working from Home
Taxing Issues Affecting People Working from Home
Working from home doesn't exempt you from taxes, here's what home business owners need to know about corporation tax, allowances and National Insurance.