Business property licence to establish a proper cost for tax
and partner purposes
About this document
This is a not a lease but a license. It does not create a legal interest in land. A license is less formal, and in certain circumstances, very useful. The property owner is effectively saying "OK, you can occupy my property for a while, but I can interrupt at any time and ask you to leave". To a property owner, the plus side is the extra control he retains over the tenant. To the tenant, there is increased flexibility.
This document is exclusively for the use of a director of a company who effectively works. From home and wants to set up provision for claiming home expenses against taxable income
This document includes minimal and usual provisions in simple format.
Application
and features
Suitable for work from home directors
Flexible, practical paragraphs provide ideas for you to mould
Explanatory notes to guide you
Aids with proper administration of tax and self employment issues
Contents
Details of the parties
Property details
Licence Fee: can be changed to suit you
Licence fee inclusions such as services and rates
Payment provisions: all payments the tenant might have to make
Use allowed
Licensee’s promises
Other usual provisions to protect your interest
Word
Count (approximate):
Document: 980
words
Explanatory notes:
305
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
