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I think the semantics you have used are misleading and lend support to you conclusion.
I just don't see how a consequence of doing nothing (i.e. not opting out) means that you have
. Talking in terms of opting in implies that the contractor is actually doing something, and you are arguing that...
Is there even such a thing as opting in? In my view it's a matter of choosing to either opt out or not to opt out. Not opting out means doing absolutely nothing at all.
I think that if agencies want to remove the hassle of having to follow their rules, then they should be straight up about it...
Thanks Greg. I think that clarifies for me - I can either claim expenses incurred or a fair commercial rate, both are reasonable although the former is more straightforward. Will discuss with my accountant both options, to see if either make sense for me. Thanks very much for the clarification!
Here's a link for rental agreement based on expenses in case it's useful to anyone.
Given that I don't have a huge office in a tiny flat, it does sound like £4/wk is the option. A Mc'D a week.
Thanks for the added information.
I'm now not sure whether the amount of rental should be based on something comparable using local serviced offices as a guideline (i.e. similar square footage, location, facilities) or alternatively based directly on a percentage of household bills.
Maybe I...
Yes that helps. Thanks for link - provides some good information and advice.
Unfortunately no pro-forma rental license agreement - link suggests asking accountant, but no joy there.
Hi,
I'm hoping someone might be able to save me a little time and expense!
I am a contractor working solely based from home, and am looking to set up a rental agreement between my Ltd. and myself/wife to rent out a dedicated room in the house as an office (9-6, Mon-Fri). Searching around the...