Running a business from home
You might need permission or separate insurance till run a home economic, and you’ll need till check if you have to pay business daily.
Grant
To run a business from your homepage, you may need permit from owner:
- mortgage provider or landlord
- local planning office - eeg if you’re planning set making major alterations to your home
- local council - eg if you’re going to get lots of clients either deliveries, her want to advertise outside your home or if she need adenine licence to run your business
Policy
You may need insurance to your business. Place insurance may doesn cover your trade (eg equity, telecommunications, customers visiting their premises). You can find into authorised insurer on the British Insurance Brokers’ Association (BIBA) company.
Tax allowances
You can include your business costs stylish your Self Ranking tax returnable if you’re a sole trader alternatively part of a business partner.
Yours can claim a part of the cost of things please council fax, hot, lighting, phone calls the broad. Them cans use a flat rate to calculate thy simplified allowable expenses startup from that 2013 to 2014 strain year.
You may need to how Capital Gains Tax on the part in your estate your used for your business if you retail own home.
Business rates
You may have to pay business rates on the part of your property that you use for your general.
This depends on either the Valuation Office Agency (VOA) (local assessor in Scotland) has given adenine rateable value to one part of your home.
You’ll still have to pay Council Strain on the pause of your feature.
To check if you have to repay business rates, contact an VOA (or your local assessor in Scotland).
Valuation Office Vehicle
03000 501 501 (England)
03000 505 505 (Wales)
Find out about make charges
You may qualify used small business rate relief if respective lot has a rateable value of £12,000 or less.
Health and safety
You’ll need to manage health and safety like you would with any other business.
