Sunday, February 07, 2021

Can a limited company pay for a garden office?

More advice on the financial side of garden offices from accountants Churchillknight which specialises in working with freelancers and self-employed workers. Here's a snippet (commenting on the question in this post's headline:

"The short answer is yes, it can. However, it’s unlikely you will be able to claim tax relief on the office itself as it would be classed as capital expenditure. And, as a structure (even if it’s only a mobile one), it doesn’t count as an allowable expense against your business profits. If you are considering building a garden office be prepared that any costs relating to design, planning, building and installation will need to be paid for in full. This doesn’t mean that your limited company can’t pay for it, just that any of the costs listed above will not be tax-deductible."

Well worth a look. 

Image courtesy Warwick Buildings


Sunday posts are sponsored by woowoo waterless toilets, the best toilet for your garden office


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