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---- Working at home VS renting an office


DamonHD - 2:29 pm on Apr 30, 2007 (gmt 0)


A tax write-off is simply not paying taxes on money you spent needlessly and now don't have! Carts and horses...

We're fairly clear that when I'm at home working, much as though it is lovely to see my toddler daughter frequently throughout the day, we basically pretend that I'm physically not here, so that anything that I couldn't do if I were in an office, I don't do. (Though I do pop downstairs for a quick family mealtime, for example.) Else I would go elsewhere and 'hot desk' in a virtual office.

I have the company pay all the household electricity since the servers use 90%+ of the entire bill and the company pays nothing for heat&light. When I rented an older bigger place (and did have employees work in), I had the company pay part of the rent roughly in proportion to floorspace used.

Real savings, and acceptable to the tax people too.

Rgds

Damon


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