Originally posted by Marina
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Reply to: Office space
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Previously on "Office space"
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If you think domestic council tax is bad, don't forget councils rip off companies ten times worse with commercial council tax (as companies don't have a vote, even though all their tax inevitably ends up being passed on to the consumer). So renting commercial office space might be a bad idea for that reason alone.
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Originally posted by Mustang View PostI am in favour of 1 as it is more professional and gets me out of the house and from under Mrs Mustangs feet! She seems to think 2 is a better idea as it is a fixed cost and would increase the value of the house. If we move of course then I would have to leave it behind.
So go option 1.
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I'd go for option one. Keep business and personal life seperate, much better for an accounting perspective.
Also, if you share office space with the home, it causes no end of head aches. I'm sure others have the complete answers as to why.
TM
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Originally posted by Mustang View PostI guess like most of you out there, MyCo has office space within my home. However, with the family numbers increasing (as recently as 3 weeks ago) we are looking at space in the house.
I would still like to have a seperate area for work and in order to free up the bedroom, I am considering two options.
1) Rent local office space. The town council own a facility that is used for the council offices and a unit the size I would need would cost around £1000/year. They also have access to conference rooms and there are other small businesses in there. It is about 0.5 miles away so wouldn't impact expenses etc.
2) Purchase a "garden office". Estimated total cost would be in the region of £5000 (including insulation and installation).
I am in favour of 1 as it is more professional and gets me out of the house and from under Mrs Mustangs feet! She seems to think 2 is a better idea as it is a fixed cost and would increase the value of the house. If we move of course then I would have to leave it behind.
Any thoughts from the panel? Has anyone gone down one route verses the other?
The advantage of having an office away from home is that yoiu actually feel like you're going to work!
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Originally posted by Mustang View PostI guess like most of you out there, MyCo has office space within my home. However, with the family numbers increasing (as recently as 3 weeks ago) we are looking at space in the house.
I would still like to have a seperate area for work and in order to free up the bedroom, I am considering two options.
1) Rent local office space. The town council own a facility that is used for the council offices and a unit the size I would need would cost around £1000/year. They also have access to conference rooms and there are other small businesses in there. It is about 0.5 miles away so wouldn't impact expenses etc.
2) Purchase a "garden office". Estimated total cost would be in the region of £5000 (including insulation and installation).
I am in favour of 1 as it is more professional and gets me out of the house and from under Mrs Mustangs feet! She seems to think 2 is a better idea as it is a fixed cost and would increase the value of the house. If we move of course then I would have to leave it behind.
Any thoughts from the panel? Has anyone gone down one route verses the other?
Leave a comment:
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Office space
I guess like most of you out there, MyCo has office space within my home. However, with the family numbers increasing (as recently as 3 weeks ago) we are looking at space in the house.
I would still like to have a seperate area for work and in order to free up the bedroom, I am considering two options.
1) Rent local office space. The town council own a facility that is used for the council offices and a unit the size I would need would cost around £1000/year. They also have access to conference rooms and there are other small businesses in there. It is about 0.5 miles away so wouldn't impact expenses etc.
2) Purchase a "garden office". Estimated total cost would be in the region of £5000 (including insulation and installation).
I am in favour of 1 as it is more professional and gets me out of the house and from under Mrs Mustangs feet! She seems to think 2 is a better idea as it is a fixed cost and would increase the value of the house. If we move of course then I would have to leave it behind.
Any thoughts from the panel? Has anyone gone down one route verses the other?Tags: None
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