#44 The Home Office Tax Breaks You NEED To Know About

Do you run your business from home and want to deduct the costs of your office, workshop, or studio? 🏠 Rezső has returned from vacation and is wondering how he can deduct the costs of his home office in his business. Is it even possible? What are the rules regarding this? 📃 We bring you some real-life examples that show when you can deduct a room in your home that you use for your business. Join us! 🎧 The main takeaways from this episode: 📌 For sole proprietors, the possibility of expense deduction depends on the nature of the space, its usage extent, and its entrance conditions. 📌 The space must be altered in such a way that it is no longer suitable for private use. 📌 The space cannot be an integral part of the home but has to be separate from the private living area. 📌 The space must be used significantly as a primary workplace during normal working hours. ​​▶️ Useful links for the episode: C.A.4.3.1.6 Fradrag for udgifter til arbejdsværelse, kontorhold, telefon og computer: https://info.skat.dk/data.aspx?oid=2061773 🦉 Cool Accounts ApS Get the most out of your business! Leave the bookkeeping and tax matters to a specialist! https://accounts.cool/en/