adele1985
07-02-2012, 12:34 PM
how much do you all take into account for your bills for expences
I take take £100 a month for
rent
council tax
gas
electric
water
and phone
Is there anything else i should be taking into account
rickysmiths
07-02-2012, 12:56 PM
There is a set % you can claim and it depends on your bills.
My Council tax 10% is £148 for the year
My Gas/Elec 33% is £750 for the year
Water 10% £22
The top three are amounts negotiated with NCMA and Tax on our behalf and vary according to the number of hours you work per week. I work over 40 hours so claim the largest % There is a list of the expenses you can claim in the Free Downloads section of the Forum
Phone/internet/TV/mobile 50% £400 that is the % my accountant and i worked out I use.
You need to apply your bills according to the % you are allowed for the hours you work. Not just a guessed amount that 'looks' right. There is a % you can claim for you rent as well. I suspect that might take your figure over the amount you have suggested you claim.