Garage

Posted by justphil PM | on Tue, 04/12/2012 - 10:16 279 2 comments | report

I have a client who operates through a limited company.

An opportunity has arisen which would allow him to purchase a double garage near his house (his house is also is office). One of the gagrages will be used to store his persoanl car and the other used for storage (mixture of personal and company items)

Appreciate any comments concerning the benefit in kind charges that might apply. Garages are likly to cost £45,000

Comments

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It's an asset

George Attazder | Tue, 04/12/2012 - 10:46

Market rent?

Kent accountant | Tue, 04/12/2012 - 12:24