Home office agreement

[Blue 25]

Hi there,

I've heard about people setting up a home office agreement to charge their limited company rent for office space, and was hoping for some advice on how to go about this!

I rent a 1 bedroom flat at the moment and work 100% from home, but I was wondering, if I rent a two bedroom flat and dedicate one room as an office and place for meetings, would it be possible to charge my company for 50% of the rent?

I'm not clear on how much I could charge the company and also how it should be determined.

Thank you in advance.

[DallasDad]

An example
But ask your accountant to validate anything you dream up based on this sort of info

How do I calculate my working from home expenses? - FreeAgent

This is for a LTD they also have one for Sole traders Google is your friend.

[stek]

Hi there,

I've heard about people setting up a home office agreement to charge their limited company rent for office space, and was hoping for some advice on how to go about this!

I rent a 1 bedroom flat at the moment and work 100% from home, but I was wondering, if I rent a two bedroom flat and dedicate one room as an office and place for meetings, would it be possible to charge my company for 50% of the rent?

I'm not clear on how much I could charge the company and also how it should be determined.

Thank you in advance.

Possible, but the contractor mantra is to generally not stick your head above the parapet, otherwise it's a world of pain.

Investigations are not nice, my contractor buddy's one took three years to resolve, he was absolved, but had three years of worry...

[northernladuk]

You want to bring clients to a flat for meetings?? You'll find most leases don't allow this so you are going to struggle to get anywhere to live with that plan.

You don't know it come out of yournpocket ultimately, just a bit cheaper?

If you want to carry on can you really not find th3 answer you need here?

https://www.google.co.uk/search?q=co...obile&ie=UTF-8

BTW there are more than 2 rooms in 2 bed flat so not sure why the rent claimable would be 50%

[pr1]

You want to bring clients to a flat for meetings?? You'll find most leases don't allow this so you are going to struggle to get anywhere to live with that plan.

You don't know it come out of yournpocket ultimately, just a bit cheaper?

If you want to carry on can you really not find th3 answer you need here?

https://www.google.co.uk/search?q=co...obile&ie=UTF-8

BTW there are more than 2 rooms in 2 bed flat so not sure why the rent claimable would be 50%

WHS

[northernladuk]

Half for the kitchen for providing client refreshments
Half for the bathroom to provide toilet facilities as per his employees rights
Half for the living room for meeting and co-working space for clients/employees

Watertight argument I think you'll agree

No and nor does the guidance on renting home office space but thanks for that.

[SueEllen]

Half for the kitchen for providing client refreshments
Half for the bathroom to provide toilet facilities as per his employees rights
Half for the living room for meeting and co-working space for clients/employees

Watertight argument I think you'll agree

Nope.

As:
1. Residential rent contracts, and the lease or freehold covenant above that will forbid you from bringing clients to the property. There will be one or more neighbours who will report you to the landlord and freeholder for breaking the freehold.
2. Your arguments are silly and an HRMC inspector would have fun with you.

If you need to have clients bring somewhere then just rent a commercial office space/meeting room as and when needed.

[pr1]

are you both non-native English speaking?

[northernladuk]

are you both non-native English speaking?

I'm not. I'm from Yorkshire. Why?

[pr1]

Why?

your sarcasm detectors are broken