How are your business rates calculated?You may need permission or separate insurance to run a home business, and you’ll need to check if you have to pay business rates. To run a business from your home, you may need permission from your: You may need insurance for your business. Home insurance may not cover your business (eg stock, computers, customers visiting your premises). You can find an authorised insurer on the British Insurance Brokers’ Association (BIBA) website. You can include your business costs in your Self Assessment tax return if you’re a sole trader or part of a business partnership. You can claim a proportion of the cost of things like council tax, heating, lighting, phone calls and broadband. You can use a flat rate to calculate your simplified allowable expenses starting from the 2013 to 2014 tax year. You may need to pay Capital Gains Tax on the part of your property you used for your business if you sell your home. You may have to pay business rates on the part of your property that you use for your business.

This depends on whether the Valuation Office Agency (VOA) (local assessor in Scotland) has given a rateable value to a part of your home. You’ll still have to pay Council Tax on the rest of your property. To check if you have to pay business rates, contact the VOA (or your local assessor in Scotland). You may qualify for small business rate relief if your property has a rateable value of £12,000 or less. You’ll need to manage health and safety as you would with any other business. 1651 Sq.Feet (153.38 Sq.Metres) Open plan kitchen/family room 4307 Sq.Feet (400.13 Sq.Metres) Final ground floor unit 722 Sq.Feet (67.08 Sq.Metres) 1119 Sq.Feet (103.96 Sq.Metres) Patio doors, full height windows 1302 Sq.Feet (120.96 Sq.Metres) South Facing Terrace or Balcony Dual Aspect Living Area 876 Sq.Feet (81.38 Sq.Metres) 1625 Sq.Feet (150.97 Sq.Metres) Open Plan Living Area 1686 Sq.Feet (156.63 Sq.Metres)

Principal bedroom with en suite & dressing room 4071 Sq.Feet (378.21 Sq.Metres) Many original features throughout 3165 Sq.Feet (294.04 Sq.Metres) Under Floor Heating Throughout 557 Sq.Feet (51.75 Sq.Metres) Sold in January 2017 End of terrace house 925 Sq.Feet (85.94 Sq.Metres) 2129 Sq.Feet (197.79 Sq.Metres) Two with en suite facilities Open plan kitchen, living & dining area 1970 Sq.Feet (183.02 Sq.Metres)Or let our Career Guide find a job for you Fraud Alert: Please be aware of scams involving phony job postings. Engineering & Technology, Manufacturing, Financial Services, Field Services, Sales, Internships Search our current UK openings The GE Talent Community Stay connected by joining our network! Enter your e-mail and tell us a bit about yourself, and we’ll keep you informed about upcoming events and opportunities that may match your interests. Sign Up Already a member? Let GE Guide You...

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