Utility bills

[Georgiepoo]

Could anyone advise on the percentage you can deduct off your utility bills to claim back in taxes?

[tulip0803]

It depends on the number of hours that you work.

If you work 40 hours per week - 33% of heating & lighting, 10% water rates, 10% council tax, 10% rent (not mortgage though)

If you work 30 hours per week - 25% and 7% as above

If you work 20 hours per week - 17% and 5% as above

depending on your hours the figures should be scaled down from full-time hours. Maximum you can claim is for 40 hours

[sarah707]

Lots of advice and guidance in free resources at the top of the forum

expenses and tax - by Sarah

[Glitter]

There was a spreadsheet on her which you could enter all your cost into and it worked out the percentages for you. It saved me hours of work.
Maybe someone else knows where to find it.

[Kiddleywinks]

This one?
http://www.childmindinghelp.co.uk/fo...-workbook.html

[Lady B]

Could anyone advise on the percentage you can deduct off your utility bills to claim back in taxes?

Zero. You can't claim any back in taxes, but you can offset your bill against your earning so effectively you save paying tax on it.

For example if you work full time, and your electric bill is £900 pa then you can claim £300 as an expense against your income therefore save paying 20% tax on this £300 so the saving is £60.