u/Pleasantandchilled

Ltd company - 'complicated' working at home given equipment energy use

Hi folks,

I've gone down a bit of a rabbit hole trying to decipher how to suitably expense running costs of energy intensive equipment at home as part of my business.

Accountant has mentioned the £6/week work from home allowance as easiest option, and also given me a sheet I can calculate 'true costs' but it all relies on me actually 'working' to claim anything.

But what happens if for my 2 hours of work I did that day, I have equipment that is sucking up energy and running 24 hours a day? Can I simply say equipment 1, uses 200 watts, runs 24 hours, here's my electricity unit cost rate, and basically just 'charge' this into the company?

Thanks!

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u/Pleasantandchilled — 3 days ago

Sole trader to Ltd - business bank accounts with accounting software

Hi all,

I am about to switch my sole trader business to a Ltd. I have used mettle with freeagent included, but haven't been usine freeagent as I do everything manually.

I am spinning up a Ltd and mettle are saying sorry they can't convert my account.

What options do you all recommend if I want (and will need) a proper accounting solution?

Could i sign up for another business bank account and integrate my yet-to-be-used freeagent to it, and just leave the mettle account dormant?

Thanks!

reddit.com
u/Pleasantandchilled — 28 days ago