I cant see why you can't buy it through your company.
Lots or road workers and other "on site" trades have caravans that they use. As long as if you use it for a holiday you put it through the books and pay market rates you wont have a problem.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Caravan!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Caravan!"
Collapse
-
Caravan!
May seem a tad reckless in the current climate (literally) but here goes ... I currently work away on a contract (outside IR35) and offset my monthly rent that I pay for a flat near the work location (200 miles from my family home). I am able to offset £625 (receipted) each month through the umbrella company. I'm looking to incorporate and go limited next month.
I am considering buying a caravan as the modern ones are superb in terms of the services and can be comfortably lived in during the winter. My accountant suggested I don't buy it through the company but instead simply offset the pitch rent, services, utilities etc. A friend advised I get my partner (soon to be wife) to buy it and then I pay her rent? That would then give the headache of her having to declare that as income I guess. I really don't know.
Has anyone done anything similar?Last edited by global86; 25 July 2007, 14:04.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- IR35: IT contractors ‘most concerned about off-payroll working rules’ Today 07:11
- Labour’s near-silence on its employment status shakeup is telling, and disappointing Yesterday 07:47
- Business expenses: What IT contractors can and cannot claim from HMRC Jan 30 08:44
- April’s umbrella PAYE risk: how contractors’ end-clients are prepping Jan 29 05:45
- How EV tax changes of 2025-2028 add up for contractor limited company directors Jan 28 08:11
- Under the terms he was shackled by, Ray McCann’s Loan Charge Review probably is a fair resolution Jan 27 08:41
- Contractors, a £25million crackdown on rogue company directors is coming Jan 26 05:02
- How to run a contractor limited company — efficiently. Part one: software Jan 22 23:31
- Forget February as an MSC contractor seeking clarity, and maybe forget fairness altogether Jan 22 19:57
- What contractors should take from Honest Payroll Ltd’s failure Jan 21 07:05

Leave a comment: