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Form 11

lynsbu · 2018-10-30 21:20:32

hi- im about to complete Form 11. in 2017, we were gifted money for a house deposit. Some of these funds were used to build a home office. Should this be declared as a business expense? and if so- which category would it go in?

30-10-2018 9:20pm

#1

lynsbu

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Join Date: January 2010

Posts: 3

hi- im about to complete Form 11.
in 2017, we were gifted money for a house deposit. Some of these funds were used to build a home office. Should this be declared as a business expense? and if so- which category would it go in?

0

Comments

#2 31-10-2018 12:42pm

gerrybbadd

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Join Date: January 2008

Posts: 9587

lynsbu wrote: »

hi- im about to complete Form 11.
in 2017, we were gifted money for a house deposit. Some of these funds were used to build a home office. Should this be declared as a business expense? and if so- which category would it go in?

How much was the gift, and what was the source? There may be CAT implications here too

0