If I were to start a business, with a given location as the registered office, but also had an office at home that I actually did most of my work from - would this have any legal implications?
2006-11-05 00:27:04 · 3 answers · asked by Vluersdantine 2 in Business & Finance ➔ Small Business
shouldn't be - the only thing is that if you have a home office that must be the only thing that room or space in your house can be used for or you won't be able to make a home office deduction on your income taxes
2006-11-05 00:36:09 · answer #1 · answered by Angelina 5 · 0⤊ 0⤋
Most of the implications would be tax and insurance.
You need to be careful with keeping good records for taxes if you plan on claiming it as a deduction. If you own your home you should also consider checking your home owners insurance policy to see what it covers.
2006-11-05 08:36:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It shouldn't have as long as you done the majority of work at your primary office. However, I don't think in that situation you can claim any of the home office space on taxes or other home office related expenses. telephone bills, etc.
2006-11-05 08:36:18 · answer #3 · answered by neinmom2one 3 · 0⤊ 0⤋