UK: Advice on putting home office through business

[albright]

Hi all,

Looking for advice from any other UK Ltd company owners that funded their garden / home office through their business.

I understand it’s possible if for 100% business use, but could incur a CGT charge upon selling the property. Is there a way to avoid that and/or is it worth worrying about? Is there any way to write it off from the company in years to come? What would I inform my accountant that this large cost relates to as it will be a fairly large one off cost.

Thanks

 

[SoNewToAllShit]

Do you live in UK ?

 

[albright]

Hi @SoNewToAllShit, yes I do.

 

[burden]

It would be advisable to consult a tax advisor to help you with this question. There are different rules of all of it for different countries. For instant in Germany you can get your house build so it will be accepted for home office by the tax office with tax benefits while in Denmark you would not be allowed it all unless lot's of hassle.