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Dividends from retained profits after loan

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    #21
    Originally posted by Scruff View Post
    Capitalise the loss, and then amortise it as an expense as the business generates profit. Matching principle
    Yes! It's good expenses come off, and save me paying corporation tax.

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      #22
      I'm not sure that you are clear about this? NLUK standard answer applies.
      I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

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        #23
        Originally posted by richy View Post
        Yes! It's good expenses come off, and save me paying corporation tax.
        Well that killed it stone dead
        'CUK forum personality of 2011 - Winner - Yes really!!!!

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          #24
          I think that the OP is mightily confused, and only wants to hear what he wants to hear?
          I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

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