• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Transferring money between companies

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Transferring money between companies

    Say if you have one company that you use for contracts and earning money but you also owned another company that provides another service, is there a way your contract company can transfer cash directly into your other company to be used for paying suppliers and stuff whilst not getting heavily taxed?

    #2
    One company could loan the other company the money and charge a sensible interest rate on that as well.

    Comment

    Working...
    X