Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Nick_Thompson on February 07, 2015, 10:23:37 am

Title: A calculation for electricity usage
Post by: Nick_Thompson on February 07, 2015, 10:23:37 am

After calculating how much electricity is being used to run your business, how do you go about claiming for that when it comes to tax?

Nick

Title: Re: A calculation for electricity usage
Post by: Ian Lancaster on February 07, 2015, 01:16:56 pm

I leave everything like that to my accountant.  The time and sweat it would cost me chasing every last little drip of allowable expense would far outweigh the accountancy charges.

I rate my leisure time at £500 per hour - if I had to pay for it, that is. ;)

Title: Re: A calculation for electricity usage
Post by: Matt. on February 07, 2015, 01:42:44 pm

Nick, when ur electricity bill comes an you pay it, you give it to your accountant as part of your returns mate. 100%

Title: Re: A calculation for electricity usage
Post by: DaveG on February 07, 2015, 02:05:06 pm

My accountant allows me £500 a year for electric for pump and heaters on the RO/van

Title: Re: A calculation for electricity usage
Post by: Matt. on February 07, 2015, 03:02:57 pm

Dave, what about when u need to use ur laptop to do ur invoices, and do u do this in the dark, u are also ok to use the kettle to make a brew, there's loads mate.
What there is for sure is a bracket based on ur turn over so as long as you don't take the preverbal it's ok.
Just put ur full bill in, I have never been queried and am not braking no laws