Second home for work at different location
Posted: May 16th, 2022, 4:58 pm
I am considering an offer to transfer to a different part of my current company. I am currently carrying out work on secondment and getting travel and accommodation paid for on expenses. This would alter if I were to make the secondment permanent. Moving the family en-masse is not an option. One consideration is buying a second property near to the new location. This might then be available for air b'n'b or similar for the weekends. Would it be worth looking at setting up a company to own the second home ? Could expenses such as insurance, utilities be claimed as expenses by the company ? Or is such scheming just too complicated for any benefits that may accrue ? Any background reading on such would be welcome.
TIA
John
TIA
John