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living in accomodation owned by business


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Hi all,

 

looking for some information, I am about to buy a business that leases a property. I plan on living and working from the property, and wanted to know if there are any implications for this.

 

I suspect i will need to 'lease' to myself from the business for the accomodation at a fair and equitable rate - is this the correct approach. 

 

regards

 

 

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