Can I get an opinion on my understanding of home office expenses for Ltd Co.
Assuming that the Director renting the property is able to use that property for business purposes and is able to sublet part of the property do the usual rules and recommendations apply? i.e rental income and expenses is declared on SA return and there should be an agreement in place between the Ltd Co and the Director.
Any comments most appreciated. I had a search through any answers but they only seem to consider the position when the Director owns the property.