Incurring cost in UK company

[eek]

ok thanks everyone. It's hard to get advice without putting everything on the table, especially when topic keeps deviating to secondary things
Might need professional advice
all the best

Neither of the 2 items I mentioned are secondary - they are literally the first points I picked up as problems and both are very fundamental..

[ladymuck]

ok thanks everyone. It's hard to get advice without putting everything on the table, especially when topic keeps deviating to secondary things
Might need professional advice
all the best

You know that you get what you pay for here. Based on what you've said, your plan sounds exceptionally dodgy. No two ways about it, sorry.

Getting professional advice should have been your first port of call, not your last.

[Fred Bloggs]

Neither of the 2 items I mentioned are secondary - they are literally the first points I picked up as problems and both are very fundamental..

As is the problem with all the "great idea" threads. At the outset the OP usually just seeks peer approval.

[GitMaster69]

You know that you get what you pay for here. Based on what you've said, your plan sounds exceptionally dodgy. No two ways about it, sorry.

Getting professional advice should have been your first port of call, not your last.

Well just to clarify . There's nothing dodgy about my business model and it will generate income by itself. The books would speed things up as I would be able to get finance after first books, not second. But again secondary issue as I can be patient.

[Paralytic]

lets see what AI has to say on the topic..

Is that the same AI that is notorious at getting things wrong unless you provide it with your own model and that has data only to the end of 2021 so has absolutely no idea about any regulatory/financial/budget changes since then?

[northernladuk]

Have you asked ChatGPT? It has a ring to it. Guess I have to move with the times

[Paralytic]

Have you asked ChatGPT? It has a ring to it. Guess I have to move with the times

I'm afraid I'm not sure it would be worth your time:

As an artificial intelligence language model, I don't have an accountant or any personal financial information, nor do I have the ability to consult or provide advice on financial matters. However, I can try to answer general questions related to accounting or direct you to relevant resources for more information.

[GitMaster69]

Have you asked ChatGPT? It has a ring to it. Guess I have to move with the times

I did , extensively. Learned a lot
you should try.
but prefer bing for most scenarios as it’s giving links and sources

[Lance]

I did , extensively. Learned a lot
you should try.
but prefer bing for most scenarios as it’s giving links and sources

*wibble*

[NotAllThere]

That's enough now, I think.