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Where Taxpayers and Advisers Meet

Tax liability on Sharing cost of rental with buisness

sandy2000
Posts: 38
Joined: Wed Aug 06, 2008 3:33 pm

Postby sandy2000 » Thu May 17, 2007 6:05 am

I rent my main residence as a tenant on AST. I am a director of my company buisness based at my home. How much can my company contribute towards the rental without me becoming liable for further tax or benefit in kind. I use more that a quarter of the home for buisness use. Alternatively if I make my company the tenant and pay the rent what are my tax implications? At present I am paying all the bills and Council tax.
Any views or suggestions on alternatives to share costs would be appreciated
Thanks Sandy

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