Directors Loan or Alphabet share?

[leaveitalone]

I certainly have considered those taxes, I just tried not to write an essay.
Do you have specific experience of doing this that you're able to share or are you aware of a particular pitfall?

[northernladuk]

I certainly have considered those taxes, I just tried not to write an essay.
Do you have specific experience of doing this that you're able to share or are you aware of a particular pitfall?

Nope. Just tons of threads on here from accountants saying do it personally not through the LTD. Verious reasons but I can't actually remember an actual figures being thrown about but the general consensus from the accounting world just seem so to be to do it personally. Myabe they have better example where people got a huges shocks when trying to sell up or people that can't close the limited down and other issues with the companies because the house is stuck in it etc.

Gotta say at the beginning I would have thought LTD ownership would have been a no brainer but with so many different accountants saying no I've changed my mind, but it's not something I am planning on doing anyway. It's not just our accountants, am sure there are the same conversations on accounting web.

Sounds like youv'e done your homework so no point now, but if you still have doubts try the google search and have a look through all the LTD property ownship threads.

[eek]

One obvious risk is that were the Government to remove the right to treat interest payments as a tax deductable cost, it would completely screw up the company's profit and purpose while costing the Government zero votes.

[Lance]

One obvious risk is that were the Government to remove the right to treat interest payments as a tax deductable cost, it would completely screw up the company's profit and purpose while costing the Government zero votes.

It would probably get them votes as it would be seen as a method to tax interest payments to offshore entities.