The company that Robert Jenrick set up to refurbish his house is listed here
beta.companieshouse.gov.uk/company/087187…
Why would you set up a private company to just manage the refurbishment of your own home?
Spent £830k over 2 years up to October 2015
House bought October 2013 for £2.55m
Tax?
1/
beta.companieshouse.gov.uk/company/087187…
Why would you set up a private company to just manage the refurbishment of your own home?
Spent £830k over 2 years up to October 2015
House bought October 2013 for £2.55m
Tax?
1/
Normal building work attracts a VAT charge of 20%
But dropped to 5% if property empty for 2 yrs previously
gov.uk/guidance/build…
Not clear from accounts why company set up, @thetimes article suggests managing cashflow stated aim
That does not make much sense either
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But dropped to 5% if property empty for 2 yrs previously
gov.uk/guidance/build…
Not clear from accounts why company set up, @thetimes article suggests managing cashflow stated aim
That does not make much sense either
2/
This is the problem with Westferry Printworks story, lots of interesting stuff but none explain the original decision
But why would you set up a private company, pay fees to do so, have to do admin work unless there was financial benefit to it?
He was an MP during 3/4 of work
3/
But why would you set up a private company, pay fees to do so, have to do admin work unless there was financial benefit to it?
He was an MP during 3/4 of work
3/
Also interesting that his London house not currently listed on the register of MP interests, only his other home, though it and the company had been listed in previous years?
Is that allowed or are there special exemptions? but as so easy to find from public records why omit?
4/
Is that allowed or are there special exemptions? but as so easy to find from public records why omit?
4/
