By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
1) Yes
2) Yes
3) Yes
If I'm honest I am trying to find a legal way of reducing my partnership profits for this year. The workshop cost us (pro rata) approx £20k and is worth approx £35K if sold on it's own.
Hi
I am not very clued up and do not know about entrepeneurs relief :(
We want to use the workshop solely for business and thought it made sense to keep the business 'seperate' from all our personal bills.
We were hoping that the business buying the workshop would reduce our profits.
Hopefully someone can help me with this question.
My husband and I bought two premises (sold as a package as they were on the same land but they have two different addresses).
One is a house and one is a large workshop. We would like to sell the workshop to our own business (we are a...