Hi,
Can anyone help me with this -
someone starts a limited company and they are the only shareholder and director. They work from home and because of this their home insurance has increased. How would this work in the company accounts? Is the increased portion included in the accounts? or can it be claimed back from the company?
Any help would be greatly appreciated
Replies (2)
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There are various options which your accountant can talk you through. There isn’t one “correct” answer and there will be details specific to your particular circumstances.
^^^. This
Worth a chat with an Accountant to get some planning in place before you go any further, although would have been even better earlier.