Purity Within

We cover cash flow in our Sole Trading Made Simple Course. Learn more below 👇 or follow the link 🔗 in BIO

https://www.yoursmallbusinessfriend.com/soletradingmadesimple-6761

This week in our group we're talking all about allowable expenses. 💸

One of the questions ❓ that we get asked regularly is "what expenses can I claim when I'm working at home?"

You can claim a proportion of your household expenses 🏠 such as heat and light, rent or mortgage interest when you work for yourself from home.

So, if your house has four rooms, excluding the kitchen and bathroom, and you use one room partly for business purposes, you may be able to claim up to one quarter of those costs.

And, if you work from home for at least 25 hours per month you can use the simplified expenses which allow you to claim household expenses using flat rate allowances to save you time in calculating 🧮 the business proportion of costs.

If you'd like to get involved in the discussion around expenses, join our group - https://www.facebook.com/groups/442862566647054

Have you made any New Years resolutions yet? 🙏

Maybe one was to start that business that you've been considering for so long? 🤔

We understand that there are so many things to consider 💭 when you're just starting out 🤯 We've pulled together all our experience from dealing with small businesses over the years into an invaluable guide for you to follow 📖

Download now and let's make 2023 the year you follow your dream 💭

https://www.yoursmallbusinessfriend.com/5-important-sole-trader-decisions

Just a little up that our office will be closed next Tuesday and Wednesday for the holidays.

Have a great weekend!