In this space you might have best luck with a credit union.- which bank would be best?
This depends on how much tolerance you have for rising interest rates. Think of fixing as like insurance.- should I be looking for a fixed or variable interest rate?
I'm pretty certain this isn't true but I'm not a lawyer.If the business pays for any capital works as opposed to fixtures and fittings then firstly the capital is not deductible as business expense. By capital I mean permanent change. Second the business now owns part of the property and there will be CGT on future disposal. Keep the business part to fixtures and fittings..
it changes the split fir CGT purposes and isn't allowed for CT or IT purposes.
Hi Dr.
Can you explain why it's not allowed for CT or IT purposes?
It would seem to be expenditure incurred wholly, necessarily and exclusively for the business.
I don't think it's a good idea and if it's clearly not going to be tax deductible, then it would be pointless doing it through the company.
Brendan
Pay for the structural stuff yourself.
Let the company pay for the non-structural stuff.
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