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Andrew Gabriel
 
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In article ,
Mike Armstrong writes:
On 3 Nov 2004 02:54:53 GMT, (Andrew
Gabriel) wrote:
If your employer starts paying things like electric and heating
bills for part of your house for work purposes, you will have to
pay capital gains tax on the appreciation of that part of your
house when you sell it as it will no longer fall under the main
residence exception rules. You are normally very much better off
paying the bills yourself than paying the capital gains tax.
Certainly don't go down that road without working it out, and
probably talking with your accountant.


Hi Andrew,

I'm no expert in matters of taxation and you clearly are fairly
knowledgeable.


oooh -- don't assume that! It's an issue which a few colleagues
of mine have bumped into over the years when getting advice from
their accountants. I'm just warning you to check with yours first.

Currently my employer re-imburses me for out of pocket
expenses (ie things I've paid for but use for the business) like
consumables and my work-line phone bill. This is a straight
reimbursement and I don't gain from it in any way. I think this
figure shows up on my P11D?


I think that's fine (and AFAIK it shouldn't show up on your P11D
unless you use it for non-work purposes).

How does reimbursing me for an element of my domestic power bill
differ from this?


I don't understand why it's different -- talk with an accountant.

--
Andrew Gabriel