A frequently asked question among new entrepreneurs:<\/p>\n\n\n\n
\u201cCan I rent out something I own privately, such as my home or car, to my sole proprietor business?\u201d<\/strong><\/p>\n\n\n\n In this article, we provide a clear answer to this question and show you which expenses you are allowed to claim<\/strong> in a sole proprietor business.<\/p>\n\n\n\n The short answer: no<\/strong>, you cannot charge rent to your own sole proprietor business for something you own privately.<\/p>\n\n\n\n Why not? Because, legally speaking, you and your sole proprietor business are one and the same person. So you would effectively be renting something (through your business) that you already own (as a private individual).<\/p>\n\n\n\n But given that you, as a sole proprietor, and you, as a private individual, are essentially one and the same person, it simply isn\u2019t possible. You cannot, therefore, rent anything from yourself.<\/p>\n\n\n\n You bought a car privately before you started working as a self-employed person. Now you use that car partly for your business.<\/p>\n\n\n\n \u27a1\ufe0f You may not charge rent<\/strong> to your sole proprietor business for the use of that car.<\/p>\n\n\n\n <\/p>\n\n\nRenting from yourself as a sole proprietor? Not allowed<\/strong><\/h2>\n\n\n\n
An example<\/h4>\n\n\n\n