Is it not possible to take a large directors loan, and charge yourself interest just under what you are paying on your mortgage.
Then you can offset the whole lot of it tax free, and the interest you would have paid to the bank, will now go directly to your own company account, to be redistributed as profits.
I think even after the consideration of corproation tax on the interest payments you would probably be better off.
Then you can offset the whole lot of it tax free, and the interest you would have paid to the bank, will now go directly to your own company account, to be redistributed as profits.
I think even after the consideration of corproation tax on the interest payments you would probably be better off.
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