Redder Than Red
Registered User
- Messages
- 58
hi all,
We have a VERY tight amount of space in the place we rent and ideally I need to build/buy/rent some storage. Putting anything outside the rented premises here is not an option.
So I looked into renting a shed and considered moving but neither are overly appealing.
Then someone suggested I simply buy/build a shed in the back yard of my house/garden.
So basically if I was to do this it would cost possibly 30k or there abouts. Is there any reason I cannot purchase a metal shed on concrete base and put it in my back garden (it's a big garden anyway in rural setting so it's no bother sacrificing some grass for this) but I'd be paying for it through the business, with an invoice to show for it of course.
Can anyone advise if Revenue would have any interest in me doing this (like would they come asking me why a shed purchased through business is sitting in my garden?) and also just is there anything obvious I'm missing before I go any further? I realise if I go to sell the house at some point the company loses a shed it paid for, which is not ideal but I'm not intending moving. The company would own this, not me. And it genuinely would be used for storage for the company, I already have a shed for personal use which covers me, so it's all above board in that regard. It's just a bit unusual which is why I'm getting opinions before doing anything.
Thanks in advance.
We have a VERY tight amount of space in the place we rent and ideally I need to build/buy/rent some storage. Putting anything outside the rented premises here is not an option.
So I looked into renting a shed and considered moving but neither are overly appealing.
Then someone suggested I simply buy/build a shed in the back yard of my house/garden.
So basically if I was to do this it would cost possibly 30k or there abouts. Is there any reason I cannot purchase a metal shed on concrete base and put it in my back garden (it's a big garden anyway in rural setting so it's no bother sacrificing some grass for this) but I'd be paying for it through the business, with an invoice to show for it of course.
Can anyone advise if Revenue would have any interest in me doing this (like would they come asking me why a shed purchased through business is sitting in my garden?) and also just is there anything obvious I'm missing before I go any further? I realise if I go to sell the house at some point the company loses a shed it paid for, which is not ideal but I'm not intending moving. The company would own this, not me. And it genuinely would be used for storage for the company, I already have a shed for personal use which covers me, so it's all above board in that regard. It's just a bit unusual which is why I'm getting opinions before doing anything.
Thanks in advance.