Question about expenses Question about expenses
Page 1 of 3 123 LastLast
Posts 1 to 10 of 26
  1. #1

    Nervous Newbie

    shtek has no reputation


    Join Date
    Mar 2012
    Posts
    9

    Default Question about expenses

    Hi, Have a limited company and doing IT consultancy me dorector and one secretary who i employ . Have a friend who runs a building company, wanted to commission some work for me, thinking of putting it on expenses as building an office) , wanted to spend about 20 K maybe 30k for this. Will be paying to his business and getting invoice
    Do you think it is legit?
    Any issues could be associated with this.?

  2. #2

    Richer than sasguru

    DimPrawn is a fount of knowledge

    DimPrawn's Avatar
    Join Date
    Jul 2005
    Location
    Brexit Britain
    Posts
    34,316
    I was miserable and depressed, but CUK turned it all around. Now I'm depressed and miserable.

  3. #3

    Double Godlike!

    stek - scorchio!

    stek's Avatar
    Join Date
    Oct 2009
    Location
    East of Eden
    Posts
    11,501

    Default

    Quote Originally Posted by shtek View Post
    Hi, Have a limited company and doing IT consultancy me dorector and one secretary who i employ . Have a friend who runs a building company, wanted to commission some work for me, thinking of putting it on expenses as building an office) , wanted to spend about 20 K maybe 30k for this. Will be paying to his business and getting invoice
    Do you think it is legit?
    Any issues could be associated with this.?
    This office attached to your house perchance?

  4. #4

    Ducklike

    Platypus is NOT a disguised employee

    Platypus's Avatar
    Join Date
    Dec 2007
    Location
    In the pub
    Posts
    8,816

    Default

    Quote Originally Posted by shtek View Post
    Any issues could be associated with this.?
    Make sure you get the VAT back!

  5. #5

    Richer than sasguru

    DimPrawn is a fount of knowledge

    DimPrawn's Avatar
    Join Date
    Jul 2005
    Location
    Brexit Britain
    Posts
    34,316

    Default

    Quote Originally Posted by stek View Post
    This office attached to your house perchance?
    More like the other way round.

    Raza Shah turned bungalow into mansion: Now businessman ordered to knock down house in Barton-le-Clay, Bedfordshire - Mirror Online
    I was miserable and depressed, but CUK turned it all around. Now I'm depressed and miserable.

  6. #6

    Fingers like lightning

    moggy is a permanent contractor

    moggy's Avatar
    Join Date
    Mar 2012
    Posts
    965

    Default

    He won the appeal though.

  7. #7

    Super poster

    jmo21 's job has never been outsourced


    Join Date
    Aug 2008
    Posts
    3,912

  8. #8

    Double Godlike!

    stek - scorchio!

    stek's Avatar
    Join Date
    Oct 2009
    Location
    East of Eden
    Posts
    11,501

    Default

    There was a chap in Bolton, retired Doctor, bought a two bed bungalow in Ladybridge, got planning permission to extend it, but built it like *six times bigger than the plans.

    Council made him knock it down.

    Lostock planning row features in Channel 4's Damned Designs programme (From The Bolton News)

    * definite exaggeration by me.

  9. #9

    Some things in Moderation

    cojak is a fount of knowledge

    cojak's Avatar
    Join Date
    Jul 2005
    Location
    Look to your right...
    Posts
    19,115

    Default

    I thought about moving this thread.

    Until I opened it...

  10. #10

    Nervous Newbie

    shtek has no reputation


    Join Date
    Mar 2012
    Posts
    9

    Default Question

    HI, Sorry if I posted in the wrong part of the forum.
    The answers to some responses, the office which I want to build is just going to be extention to one of my residential properties. It is technically converting existing conservatory into permanent room. but the builder is my friend so I will ask him to write whatever receipt I need.
    I just wanted to know if this is legitimate, and if I shall keep the budget to some level.
    I am not going to build a mantion. just couple of rooms, the cost shall be low.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •