Tax deductable flat for camming?

[xKatieBabyx]

Considering the costs involved in the various options I have to increase broadband speed where i live (satellite, 3g bonding, extra line etc etc), it might actually be worth me simply renting out a cheap apartment in a good cable enabled area purely for camming. Anyone know if this would be tax deductable? Anyone do this?

Cheers x

[Trinity-Belle]

In theory, yes... but run it past your accountant.

If you were escorting and you rented a place specifically for that purpose aside from your main residence then I think all the costs (rent, council tax, gas, electric etc) would be deductible, so I don't see why it should be any different?

It may actually be more economical to rent a single office to use as a studio and kit it out like a bedroom? If you did that then it would definitely be deductible, and so would everything you buy to furnish it. No different from a photographers studio. You'd want one which was accessible at funny times and was well sound proofed though! lol. Maybe an office above a shop or something? Round here you can get a serviced office for about £250 per month, where as the smallest studio flat goes for double that.

[Sexxy-Claudia]

As I work from home, I do claim half of heat/phone/mortgage/ electricity as expenses and never had a problem so far, just be careful not to go over the top.

Maybe this helps
http://www.sleighandstory.co.uk/self-ass...f-employed

[xKatieBabyx]

Thanks I alreay work from home and claim a proportion of bills against my tax. But i have shitty upload speed and have been through every (expensive) option under the sun to improve it. My options now are moving home, or simply taking on somewhere extra to work from.

Thanks TB babe, wow how the hell did you find places at such a low cost? everything here is £395+ and those are in really crappy areas!

[Trinity-Belle]

Well, I guess we are flooded with unused office space around here, especially since the army moved out of Aldershot and took 3/4 of the local economy with it.... so maybe it is disproportionately cheap round here?

http://www.traynorryan.com/7944.htm

Of course you can get a nice pretty place in a fancy block in the centre of Guildford for £5K per month if you like, but if all you need is somewhere with good high speed broadband....

[blue-satin]

I know this is off piece Katie, but it may help until you have found a place more suitable for your needs. Have you always had issues with your internet?
If the answer is no, do a speed check, although company’s say you have for eg 30mg with upload of 1 mg or 100 mg with 3mg up load you will be surprised how much you aren’t getting even though you are paying for it.

And where there are issues, Companies aren’t in the business of explaining things in finite detail unless you keep asking the same question and only move on to the next when you feel you have the answer. For eg my house is such a size and I work in x room and live in an area ..and so on.
I am on the higher rate, yet had issues with dropped connection and so on, am happy to say my problem as since been resolved.

Wireless connection, well that’s a different problem. Again that as to do with broad band strength and how big your property is, for eg if broad band connection is downstairs and you are using the up stairs the connection as to travel the length and breath of that area, then there is the problems of the walls they act as a barrier and reduce connection strength..
If by chance you are using a wireless connection move to a room where the connection is strongest eg move room directly to below the strongest signal. Good luck Katie !
.

Kind regards Blue

[xKatieBabyx]

Thank you hun, but been through all of that hence having considered eveything else. As with the majority of the uk we have only 0.37 upload which restricts me to only camming on one site and makes uploading even thr smallest files a mission. Cable is only located in areas we have no desire to live and outside of that you are restricted by the capability of the exchange. We already had the specialist out and tai chi our wiring, ports, and settings

[x Connie x]

i agree with trinity about getting some office space. you wouldn't just solve your broadband issue - i think its a nice feeling to leave somewhere and know that you're finished for the day and with being able to claim for your premises instead of just the small %age claimed back for working from home, you'd probably find you're not that much worse off.

[friendly accountant]

As I work from home, I do claim half of heat/phone/mortgage/ electricity as expenses and never had a problem so far, just be careful not to go over the top.

Just a cautionary word of advice to those who want to listen... HMRC will always look at returns where taxpayers are claiming for more than the published agreed allowable expenses of £4 per week.

This an an area where HMRC often win as the business element can often be very subjective and needs to be justified accordingly.

This may not be obvious to the average taxpayer who is able to submit a short form self assessment return (income less than c£70k) as they are able to just report one total for expenses. If HMRC ever open an inquiry or ask for a further breakdown of your expenses (which they are perfectly entitled too), then as soon as they see a number for "home office" costs they will ask for a breakdown which will usually be challenged.

I have been in the position of presenting the same information/logic to two different HMRC inspectors and they have both had very diferent views - HMRC do not like subjective reasoning!

[curlytots]

I seriously thought about this too as I like the thought of having somewhere separate from my home where I work from...

I also moved to a nicer area recently from a high-speed fiber-optic area and yes, noticed a big difference!!

However, I think the costs would be too much. I love being the freedom of taking a few weeks (or months) off when I like, and having the commitment of flat/office would mean I couldn't!

I hope you figure something out Katie which works for you - thankfully so many providers are updating their services that it's probably only a matter of time before everywhere has super fast speeds. I know they spoke about this in Parliament over the past few weeks and there was discussion for making the UK a super fast internet hot-spot...

xx