right, soooo ive been thinking of setting up a small time business venture for a while but not really made any major steps towards it. recently my car got broken into and robbed over alot of bits and needs (i want to give it) a rebuild, and need a gauage/workshop/lock up to do it in.

a thoughts crossed my mind about paying for the unit/workshop/lockup earlier. i know that i can claim back money from the inland revenue/goverment for money ive spent investing in the business. for example i buy £100 worth of tools for the business, i can claim it back? that correct?

would this work the same with a property then? in that if i was running a business, could i claim back the money i pay for rent/mortgage of a property that i do business from or use to make money from?

its just that if this is the case then i can set up a limited company, call myself xr-stus autos or whatever, go and rent out a small inductrial unit and then claim back the rent/lease money, essentially bagging a free/cheap workshop? and also finally get myself into business....

any help would be top! cheers fellas!