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Showing results for tags 'company tax'.
Hi Experts, I just wanted to get an idea if I can claim the "Interest on loan" as an expenses while preparing annual accounts of the Company considering that the loan is taken in my personal name instead of Company's name. Thanks
Hi everyone, I am looking at the smartest way to start my property portfolio. I have set up a ltd company to manage the property and the income as I am a higher tax payer and at 28 this is a project for the long term and not short term gain. I will Ibe loaning the company £30,000 and was wondering what the best way to minimise the tax I have to pay on this. I have read that directors loans can be paid back without tax being paid on the rental income. I have read that I need to set up a second company to loan the money. I was hoping to just get some clarity on the best way to
Hi Absolutely new to this and want some advice before I decide on a strategy. My wife and I currently run a successful business partnership which puts us both close to the additional rate tax bracket. We are paying back a personal loan to buy out my old partner which will be paid in 4 years time. We have over 500K equity in our own home which the bank will let us borrow against. We own the business property in a SIPP fund (total SIPP value about 120K, no mortgage with rent paid by the business). The SIPP fund returns 4K a year after fund fees but the