Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 12 Mar 2024 12:07:02 GMT by Lucas
Hello, I have a question regarding a house purchase as a Limited Company. If a Limited Company that specialises in real estate, fully purchases a house, can it be claimed as a company expense in 100% or is that a fixed asset? Thank you.
Posted Mon, 18 Mar 2024 15:11:23 GMT by HMRC Admin 17

Hi ,
Please refer to the Property Income Manual (found at :  ),

specifically PIM2068 and PIM2120.

It is recommended to contact a professional tax advisor to discuss plans for purchases through a limited company .

Thank you  .

You must be signed in to post in this forum.