UK Warriors, Can i put my backlink packets, wso, bfso ect ect. though my books for tax ?

Jim did mention he had an accountant so he's probably getting advised about the pitfalls.

The way I understood it from my accountant was it makes a difference if part of your home is used exclusively for business. If you're working out of a bedroom (that's still usable as a bedroom) you're probably OK but if you've converted the garage into an office or kebab shop then that's a different matter.

So Alexa is absolutely right and the views of the warrior forum do not necessarily represent the views of HMRC and are given as general guidance but you should consult a professional advisor before making any decisions based on these forums :-)

Alexa is right. My accountant works an allowance in for the fact I am working from home but I don't get all my domestic bills paid for. The only bills I claim entirely are my business telephone line and my internet bil as I say this are purely for my work.

Regarding backlink packets this is a legitimate business expense although what to classify it as is confusing. I usually put stuff like that through either marketing, training or internet services. I use quickbooks so i just look at list and see what seems to describe it best, my accountant checks over it anyway for any stuff that looks out of place.

I submitted all my link services for expenses, I weren't sure about submitting my outsourced elance expenses aswell but i did, and had no questions... hmm.

None taken.

A friend of my father's got into deep water over this. He had a house with 5 "rooms" (kitchens and bathrooms and cloakrooms don't count) and worked at home and accordingly claimed 20% of his electricity and other domestic bills as tax deductible on the grounds that he was using one of the rooms "for business purposes". His house had gone up in value nearly 100% over the time that he'd lived in it, but when he sold the property some years later, he was absolutely horrified to discover that his assumption that his "primary residence", just like anyone else's, would be exempt from 40% Capital Gains Tax (as it then was), was deeply mistaken: the Inland Revenue took the view that the property couldn't be solely a residence, if he had claimed business deductions in respect of a proportion of it, and he had to pay a very big tax bill which amounted to many times the value of the small deductions he'd claimed.

Yes, this is all perfectly true, and you make a good point, Chris, as ever.

The problem is, I think, that many people will actually depend on advice given by doubtless entirely well-meaning "forum friends", rather than following the wiser course of treating it as a small part of their "due diligence", and can as a result get a nasty shock when the birds that took flight in a forum post come home to roost - or, as I've seen it said elsewhere recently "the chickens come home to roast".

The proportion of self-employed tax assessments forms investigated closely by the Revenue is perhaps about 15% (I'm told), but the other 85% are kept on file and can always be referred back to in future years as and when it may become appropriate to do so - quite a scary proposition, in a sense: apparently "quick and easy decisions" can all too easily have very unpleasant and entirely unforeseen future ramifications.

Wow thats a big vote of trust to Chris ! But just out of interest are you saying Chris is smarter than RK or you trust him more ? and if you trust him more what has RK done that made you feel he wasnt 100% ??

And i would think RK is close to the billionaire mark about now and thats SOME skill set he has what has Chris got you feel can out do RK ??

Again just asking because i`m fascinated with people like RK and Chris if he is infact in that league of players