Published: April 16th, 2021 in Finance News, Latest News
Workers who had to work from home during the pandemic can now claim the working from home allowance for the 2021/22 tax year.
The allowance gives workers £6 a week to cover any working from home costs and can be applied for any time after the new tax year.
The allowance covers additional tax-deductible costs for employees working from home to cover; additional heating, electricity and business phone calls.
The maximum amount reimbursed was previously £4 a week, until April 5th, and £6 per week after April 5th.
The £6 per week working from home allowance is worth £62 for basic rate (20%) taxpayers; £125 for higher rate (40%) taxpayers and £140 for additional rate (45%) taxpayers or the 2021/22 tax year.
HMRC commented that people could claim the working from home allowance for the entire 2021/22 tax year if they had worked from home for just one day because of the coronavirus restrictions preventing them from attending their place of work.
HMRC confirmed the new working from home allowance rules on April 6th and those who haven’t claimed this allowance for the previous tax year 2020/21 can also claim this allowance at the same time as the current tax year.
Source
https://www.gov.uk/tax-relief-for-employees/working-at-home