We are ltd company at the moment (two directors/married couple living together). At present we rent offices for £800/month. We don;t have any employees. To save money we are building two storey/three rooms extension on the side of our house. We intend to use the ground floor as home office with computers/printers, second room downstairs as a gym (completely private use) and the new room upstairs as workshop, but as my wife is doing a sewing course also as her room to do all college work.
I also wonder if we can/should charge company for using the room or is it better if we don't gain in that way?
So basically it is best not to charge company anything and that way it should not raise any further questions… ?
Can I also ask for the situation with business rates? at the moment we pay reduced rate as we are small business. Should we inform them about using part of house? or just inform that we are no longer going to be using the rented office?