Ways of Making Money Online

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Colette Morris F.R.S.A
Internet Marketing Strategist & Business Coach
www.workwithcolettemorris.com

Home Start Up Tax Relief (UK)

Tax relief is available for additional expenses incurred by people working from home. A leading accountancy body is encouraging homeworkers to claim all the tax relief they are entitled to from HMRC.

Chas Roy-Chowdhury, head of taxation at ACCA, said:

“If you have to work from home, HMRC has a website that explains the benefits which are payable for home workers – tax relief is available for the extra household expenses that have to be paid if working from home.

More information can be found by clicking here.
Colette Morris (WorkfmhomeDiva)

My home Biz http://http://tinyurl.com/ne72r4

Working From Home Tax Breaks (UK)

Working from home will usually mean a self-employed status, which means sorting out your own taxes. There are a number of tax breaks for self-employed home workers but there are also some stipulations to these allowances.

How Much Can I Earn Before I Need to Pay Tax?
Everyone is entitled to earn a set amount of money before they start paying income tax. At the moment the amount that can be made before any tax is due will be £6,035. Once this figure has been surpassed the income tax payments will be around 20% of any profit made. However, there are tax breaks available for self-employed people. The personal allowance does fluctuate each year and those over 65 can usually earn more before any tax is due.

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Colette Morris

My home Biz http://tiny.cc.com/divablog393