move money from company A to company B as an investment
Von: Richard (richard.pi@gmail.com) [Profil]
Datum: 10.08.2008 21:08
Message-ID: <f9fde37a-115f-41f2-9e65-0ec9a0949f22@k13g2000hse.googlegroups.com>
Newsgroup: uk.business.accountancy
Datum: 10.08.2008 21:08
Message-ID: <f9fde37a-115f-41f2-9e65-0ec9a0949f22@k13g2000hse.googlegroups.com>
Newsgroup: uk.business.accountancy
Hi All, I have a limited company and I'm thinking about setting up another one which would be doing something completely different. The new company requires some initial capital which I would like to transfer from my existing company. What's the best approach from the tax point of view? a) do I need to take a dividend and pay tax on it, not being able to claim that amount of money as an expense and then put my personal money to another company as a director's loan? OR b) is there a better option? Ideally I would like to put money from company A to company B and being able to claim that amount of money as expense for company A Please note, I'm 100% shareholder in company A, but I won't be in company B Thanks a lot for advice, Richard[ Auf dieses Posting antworten ]
Antworten
- Peter Saxton (11.08.2008 04:04)
- Ronald Raygun (11.08.2008 09:53)
- Peter Saxton (12.08.2008 12:45)
