What is included in working hours when working from home and get tax credit and child tax credit?
If I am self and has a blog for parents and working with him hours every day to do well, to get more visitors and earn revenue through advertising, does not mean than a normal job? Is included in my hours of work per child tax credit? You can get child tax credit in the United Kingdom only if works at least 16 hours a week.
If you can show that you are spending a minimum of 16 a week working in your business, regardless of the form it takes work (need relevant and real, not just made up!), then you qualify.
Working from home, freelance tax questions in the UK?
I'm starting a Web development business in London. Initially, the late nights and week, while maintaing my current job to go full time once the business recovers. I'm about to incorporate the company and also get a studio room or an apartment, and work from home, establish a home office there, so I can get can a tax refund for some of my rent, telephone, Internet, any other costs? What is the best legal structure for this, I'm on the spill the company 50/50 with a university that has its own home / family, etc separate from me. Any advice appreciated, I seek professional advice about this soon. Thanks I also wanted to add that the nature of the company to be potential customers of web development can be anywhere in the world so I'm not sure if I should even add to the company's UK or somewhere on the coast. I am also a resident of New Zealand to work in the UK on my Dutch passport, so I guess that makes me not domociled if that matters. Thanks
I would give the tax office a call, it is quite complex. I do not think I would get a tax refund, do not know if I have rightly or wrongly, but I think the revenue to do the profits of this company as a second income and are taxed at the basic rate, 22%.
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