... awaiting accountants response so thought I would post in here for the consensus view...!
So I am looking to buy a house, and I have X amount of money for the deposit. The money sits in my business account, and is what I consider "separate" from the company money. What I mean by that is all tax due has been paid on this money that has accumulated over the last 3 years.
So, when it comes to plonking down the money, just a simple case of transfer to my current account and then fire over to the solicitors right? I am not missing any huge red lights here?
As I say, this is all leftover money after all year end div tax, self assessment, corp tax, vat etc is paid, so am I missing anything I need to consider?
Cheers all!
So I am looking to buy a house, and I have X amount of money for the deposit. The money sits in my business account, and is what I consider "separate" from the company money. What I mean by that is all tax due has been paid on this money that has accumulated over the last 3 years.
So, when it comes to plonking down the money, just a simple case of transfer to my current account and then fire over to the solicitors right? I am not missing any huge red lights here?
As I say, this is all leftover money after all year end div tax, self assessment, corp tax, vat etc is paid, so am I missing anything I need to consider?
Cheers all!
Comment