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Office Rental - expense...?

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    Office Rental - expense...?

    Basically, because of the situation working from home is not an option. I have had vulnerable family members move in and they need to use my home office for isolation purposes (they caught on har har) So yeah there goes my working from home space. What I've managed to do though is temporarily hire out a cheap office space. I've put it through the books, any chance HMRC going to go ballistic?

    #2
    Zero chance


    Sent from my iPhone using Contractor UK Forum

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      #3
      Wholly and necessary for the business so what's not to like? Perfectly legit.

      Whether such spaces will be allowed to remain open...

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        #4
        Originally posted by GhostofTarbera View Post
        Zero chance


        Sent from my iPhone using Contractor UK Forum
        Uhm, why? Renting an office for work is perfectly legit

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          #5
          Originally posted by vwdan View Post
          Uhm, why? Renting an office for work is perfectly legit
          Re read the question, it's a legit answer

          Originally posted by ApeShape View Post
          ... any chance HMRC going to go ballistic?

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            #6
            Originally posted by vwdan View Post
            Uhm, why? Renting an office for work is perfectly legit
            Zero chance of them going ballistic. It is an expense that falls under the wholly, exclusively and necessarily test.
            ---

            Former member of IPSE.


            ---
            Many a mickle makes a muckle.

            ---

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              #7
              Ensure that the lease is in the name of YourCo.
              I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

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                #8
                Originally posted by Scruff View Post
                Ensure that the lease is in the name of YourCo.
                ^^
                Yeah, definitely this.
                ---

                Former member of IPSE.


                ---
                Many a mickle makes a muckle.

                ---

                Comment


                  #9
                  Originally posted by ladymuck View Post
                  Re read the question, it's a legit answer
                  Ah, I was reading it as an answer to the thread title!

                  Comment


                    #10
                    Originally posted by ApeShape View Post
                    Basically, because of the situation working from home is not an option. I have had vulnerable family members move in and they need to use my home office for isolation purposes (they caught on har har) So yeah there goes my working from home space. What I've managed to do though is temporarily hire out a cheap office space. I've put it through the books, any chance HMRC going to go ballistic?
                    I'm just not even sure why you'd think this was going to be a problem. Most businesses rent commercial property You run a business don't you?
                    See You Next Tuesday

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