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If you use one room of your home as an office, make sure that you are taking advantage of the tax break that is entitled to you. How much of your home office expenses can be taken as a business expense depends on the size of the room in relation to the rest of the house.
For example, if the house has 1,600 square feet of space and the office measures 10 x 16 (or 160 square feet), you are allowed 10 per cent of the total running costs of the house’s light, heat, repairs, painting, and other maintenance, depreciation, taxes and so on.
But, remember that the room must be used exclusively for business use;
95.3%