I guess you just borrow it too, but the rate is high - 4.8% I think...mind you, 79% of that can flow back to you so not all bad news...what's that, just over 1% interest....
If you wrap up the Ltd via entrepreneurs relief and pay another 10 (would be less due to Capital Gains Allowance) then it's 1.5% interest
Depends how long you want the bucks for as you need to pay 25% back within 6 months of year end I believe (or actions essentially to that effect)
Seems selling a flat to you co is not getting money out in the true sense, the only way you can do that is through one of the nasty taxed methods.
If you wrap up the Ltd via entrepreneurs relief and pay another 10 (would be less due to Capital Gains Allowance) then it's 1.5% interest
Depends how long you want the bucks for as you need to pay 25% back within 6 months of year end I believe (or actions essentially to that effect)
Seems selling a flat to you co is not getting money out in the true sense, the only way you can do that is through one of the nasty taxed methods.
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