Originally posted by SupremeSpod
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Anyone built a garden office?
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Originally posted by spondit View PostMorning all,
I've decided to take the plunge and replace the shed at the bottom of my garden with a home office...Comment
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I like the offices from Dunster House but can this be claimed as a company expense? Technically it can be moved if you moved house so should not add to the capital gain (if any) on your own propertyComment
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couldn't your ltd buy it outright?If you think it's expensive to hire a professional to do the job, wait until you hire an amateur. - Red AdairComment
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Originally posted by Bluespider View Postcouldn't your ltd buy it outright?Comment
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Talked it over with the accountant and if its for business use only, not attached to my property and can be moved if we move house and can be financially justified then it should be ok. I look at it this way.
A day office rate at Regus costs £40-£55 per day
If we assume a 40 week working year and 2 days working at home per week, that’s 80 days per year
Using the lowest rate that’s £40 *80 = £3,200 per year
Over a 3 year period this is £9,600
Most of the garden offices I've seen come in under this level so the office will pay for itself over this period of time and save company money in the longer term.
Perfectly justifiable to Hector in my opinion.Comment
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Originally posted by badger7579 View PostOver a 3 year period this is £9,600
Most of the garden offices I've seen come in under this level so the office will pay for itself over this period of time and save company money in the longer term.
Perfectly justifiable to Hector in my opinion.
check your public liability & house insurance if you invite guests/customers.
Don't forget travel & the ability to share costs (phone, Coffee etc).Always forgive your enemies; nothing annoys them so much.Comment
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When I bought this house, there was an outer building down the garden already, but had no facilities, I converted it into a studio flat, with a small kitchenette and small shower room added. I spent a lot more than 3K on it, the drainage connection was a pain as it had to be connected up hill towards the house, plus installed its own boiler and heating etc. Its beautiful, but cost me a lot of money (around 9K)
So you are saying I could expense the costs of the conversion from my company?Comment
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Originally posted by badger7579 View PostIs it soley for business use?Comment
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