Office Space

why not subletting one room to your business at business rates? Money in pocket + a lower year-end tax bill.

-BB

if you renting an apartment then you are most likely going to have "no business" clause, the question is when working from home becomes "business", I am going to work from home myself which I personally view being in line with "no business" clause, I wont have any special business rooms, guests ect - so I think I will be fine.

My landlord is company and if they have problem with me earning a living this way to pay them rent then they can fk off and I will go elsewhere

Re: re: Office Space

LOL

Can my friend get his money back + interest ???

Yeah, right ... answers on a back of a ten quid note please

Re: re: Office Space

This was a risk until a few monthsago, but following a case they lost, the business rates thing you mention is no longer a problem. Main part of text:

Revenue relents on home workers - www.ezboard.com
(10/20/03 10:37 am)
Reply Revenue relents on home workers

From todays Times

MILLIONS of people working from home who have been threatened with
paying business property rates on top of council tax have won a
victory over the Inland Revenue after a landmark case brought by one
of its own employees.
Eileen Tully, who works for the Revenue, mounted a successful
challenge against her employer’s policy of threatening people
working from home with paying business rates as well as council tax.

The Valuation Office Agency, the branch of the Revenue that assesses
properties for business rates, said it would not appeal the
decision. It also agreed to change its guidance to ensure that
people working from home, provided they are not running a full-scale
business or employing people on the premises, will not be penalised
with extra tax.


blah blah

Siding with Mrs Tully, the judge at the Land’s Tribunal, where
rating cases are heard, said: “There must be very large numbers of
homes in the country in which those living there do some or all of
their work, without any outward indication that someone is working
in the property.” He said a home should only be re-rated if the
accommodation loses its domestic character and where employees visit
the premises.

re: Office Space

Be careful, I've heard people try this and the Scumb@g Revenue eventually OK it but they then went and got the authorities to charge "Business Rates" on part of the property (in addition to Council Tax). W@nkers !!!

You know the IR, they will try squeezing money out of you by any means ...
Also your rental agreement may forbid "running a business".

I am due to rent an apartment with my other half.
She works freelance and will be working from home all day.
We plan to use one of the rooms as a shared office.
I will utilise this space for my web servers and for occasional remote working.

Can my Ltd Company pay for some of the rent?
Or will I feel the rath of the IR?