Tax and Benefits
‘The Hex’
enjoys unique tax benefits not found in a garden office
You may have some questions about the financial and/or tax implications of purchasing or leasing The Hex.
We’ve prepared this short table to show you what we have researched.
These apply whether the purchase or lease is on behalf of a UK Limited Company, a Company Director, an Employee or a Sole Trader
| Item | Benefit / Liability |
|---|---|
| Outright Purchase Option | £14,995 + VAT |
| VAT Reclaim | Available |
| Benefit in Kind | Tax Free |
| Tax Relief on Purchase | Available on 100% of Cost |
| Tax Relief on Lease | Available on 100% of Payments |
| Capital Gains Tax | No Risk of Liability |
| Council Tax / Business Rates | No Risk of Liability |
| Land Law | Not Applicable |
Please note this is a guide and is our understanding of the present UK tax situation. Any questions should be directed to your financial advisor or HMRC.
The Ultimate Space Company is not authorised to give tax advice.