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new home "office"

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    #11
    MikeF, I think it's time to embarass yourself with the accountant, as you put it. That's what you're paying them for.

    All the speculating will send you around in circles.

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      #12
      Originally posted by MikeF
      i don't mind HMRC having a claim on it....but i'm trying to see if they only have a claim on the log cabin......what I'm trying to avoid is them having a claim on the house because there is a cabin in the garden

      if I can find a legal way to have my cake and eat it then why shouldn't I ?

      I don't see why I should volunteer to pay more tax than i have to.

      I could free up a room in the house...but why should I if I am not obligated to ?

      If I can find a way to get a temporary office set up and have it written off in a few years it seems good sense to me.....getting the VAT back would be a bonus....it being a tax deductible makes good sense (rather than to pay 40%)
      Of course they are only going to have a claim on the cabin, that is the only thing that belongs to the company.

      Ideally when you (and the company) move, the company should take the cabin with it.

      As to why you shouldn't be expected to use a room in your house for this purpose, then the IR aren't going to be too sympathic with this problem. No one (and certainly not the IR) is forcing you to run a business from home, you are presumably doing it because you want to.

      tim

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        #13
        So going back to the couch, did we decide you could claim or not?

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          #14
          Claim it.

          Just be prepared to be taxed on it.
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