I use the garage from my home as storage space and a workshop. Can I claim this as a deductible expense? If yes, how should I calculate this cost? Thank you in advance.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
I use the garage from my home as storage space and a workshop. Can I claim this as a deductible expense? If yes, how should I calculate this cost? Thank you in advance.
I do the same. I simply adjust the percentage of my utility costs. With my garage/workshop, 30% of my living space is work-related. So fill in 30%!
Zjeff
Thank you for your answer.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.