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https://aelmarkhams.co.uk/wp-content/uploads/2024/02/pexels-elle-hughes-4258192-scaled.jpg25601707Many businesses are born with the aim of offering specific products or bespoke services. However, there's another type of company that exists solely to own or invest in other businesses, known as a 'holding' company. Contrary to common perception, holding companies aren't exclusive to massive international organisations. This blog explores the intricacies of holding companies, how they operate, and the process of creating them, applicable to businesses of all sizes. Running a sole trader business from home comes with its perks, and one of them is the potential to claim tax relief on various home-working expenses. In this guide, we'll walk you through what constitutes a working-from-home expense and the methods to calculate and claim these expenses against your tax bill.