Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: DaveG on January 23, 2014, 08:47:12 am
-
Do you guys claim for the electric used for running RO pumps and heaters? This is my first year producing my own water..
If you do, how do you work it out?
Sounds tight but every penny counts!
Cheers
-
You use home as office don't you?
That's electric used too.
I think I just claim 10% of the full bill.
You haven't got to work it out to the penny-just a reasonable estimate.
-
Dave, as a guide you can claim approx £300 towards using a room as a office. I presume you are on a business rate with regard to your water consumption & drainage ect ? Ed
-
Do you guys claim for the electric used for running RO pumps and heaters? This is my first year producing my own water..
If you do, how do you work it out?
Sounds tight but every penny counts!
Cheers
Take the wattage of the pump/heater, etc.
Multiply that by a typical number of hours a week you run it. Thats your consumption in watt hours for that item. Add together that result for all the things you run. Divide by 1000 to give KWh (kilowatt-hours). Multiply by the number of weeks you work in a year (47?).
Multiply by whatever it says is the price per KWh for electricity (dont use the gas price, much lower) on your bill.
Add in 20% of the standing charge.
Claim total.
-
if you claim for home electric etc do you have to register the home as a place of business then inviting business rates from council etc or is 10% like a limit you can get away with?
-
I have always added up the utility bills including council tax and claimed 1/6 of total for use of home as office. I was advised many years ago by my accountant to do this.
I also claim a separate amount for the water volume for my static system and get a waste water rebate from my supplier for the pure water.
-
if you claim for home electric etc do you have to register the home as a place of business then inviting business rates from council etc or is 10% like a limit you can get away with?
No, just claim for a reasonable amount of electricity. Rates/Utility Bills/HMRC are all separate issues, so what matters here is the HMRC part of the equation. Claim for the electricity you use and youll be fine.,
-
I claim for my time online on CIU. I allow £55.00 an hour, its a cost, I could be earning shedloads whilst on here>
-
;D
-
I think my accountant puts down about £300 for ude of home as office i can check later if needed.
Also if you have bought a new laptop or similar and use it for work you can claim a percentage of the cost as well . Mike
-
You use home as office don't you?
That's electric used too.
I think I just claim 10% of the full bill.
You haven't got to work it out to the penny-just a reasonable estimate.
Cheers Darren, yep I already claim for "office" at home..
-
Dave, as a guide you can claim approx £300 towards using a room as a office. I presume you are on a business rate with regard to your water consumption & drainage ect ? Ed
Cheers Ed,
Not currently on a water meter tho :)
-
Do you guys claim for the electric used for running RO pumps and heaters? This is my first year producing my own water..
If you do, how do you work it out?
Sounds tight but every penny counts!
Cheers
Take the wattage of the pump/heater, etc.
Multiply that by a typical number of hours a week you run it. Thats your consumption in watt hours for that item. Add together that result for all the things you run. Divide by 1000 to give KWh (kilowatt-hours). Multiply by the number of weeks you work in a year (47?).
Multiply by whatever it says is the price per KWh for electricity (dont use the gas price, much lower) on your bill.
Add in 20% of the standing charge.
Claim total.
Nice one Dave, cheers
-
I claim for my time online on CIU. I allow £55.00 an hour, its a cost, I could be earning shedloads whilst on here>
::)roll ;D
-
Thanks for the replies boys... Now where's my calculator ;)
-
You can initially also claim for office start up costs was around a grand ie furniture etc
-
100% claim for electric, why wouldnt you?
My bookkeeper will spin out this month mind..
'James, why have you got a reciept for cat litter, ladys tights, and salt?'
Ermm.... because a few clowns on CIU suggested it would work for condensation problems in my van, which they were WRONG! ;D
;D ;D
-
dont forget missus going to bank @ 45p a mile
-
washing of uniform
-
other stuff as well but cant recall until i do my tax return online .......... got ages yet to get it in :o :o
-
Is there a list somewhere of what you can claim for
-
My accountant has advised I can claim 25% of all utility bills water electric gas phone etc as we use all these for our buisness! apparantly the revenue deem that as a reasonable percentage
Marc
-
I would have thought any computer type equipment you would be able to put through as an expense, am I wrong on this, I've claimed for laptops and iPads in the past..?
Graham
-
Get an accountant, they will sort it for you and a good one will save you a lot more than they cost you
-
I would have thought any computer type equipment you would be able to put through as an expense, am I wrong on this, I've claimed for laptops and iPads in the past..?
Graham
You cant claim for the total purchase price of an Ipad or Laptop if their is personal use as well only a percentage which is why i have a Chartered Accountant . Mike
-
I have always added up the utility bills including council tax and claimed 1/6 of total for use of home as office. I was advised many years ago by my accountant to do this.
I reckon you need to hire a new one because the one that gave you that advice could get you into trouble. :o
-
I have always added up the utility bills including council tax and claimed 1/6 of total for use of home as office. I was advised many years ago by my accountant to do this.
I reckon you need to hire a new one because the one that gave you that advice could get you into trouble. :o
I only get a tenner a week allowed
-
This is on the HMRC site and gives some examples:
http://www.hmrc.gov.uk/manuals/bimmanual/bim47825.htm
-
I have always added up the utility bills including council tax and claimed 1/6 of total for use of home as office. I was advised many years ago by my accountant to do this.
I reckon you need to hire a new one because the one that gave you that advice could get you into trouble. :o
You really have it in for me don't you 8 weekly!