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Holding large amounts of cash company reserve account

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    #31
    Originally posted by Wanderer View Post
    Why do you presume that? Even if you have nothing to hide, an inspection can be time consuming and stressful. If you accidentally say the wrong thing then it could cost you dearly.
    Cause....it's nice to have loads of money. But not so nice if you're always looking over your shoulder, worried that you may have done something wrong.

    If it's all above board, then you'd stand tall and be proud. You'd enjoy it a lot more.

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      #32
      Originally posted by max View Post
      Cause....it's nice to have loads of money. But not so nice if you're always looking over your shoulder, worried that you may have done something wrong.

      If it's all above board, then you'd stand tall and be proud. You'd enjoy it a lot more.
      If that's your style then more power to you. I tend to keep my head below the parapet. I have enough things going on without attracting unwanted attention.

      An analogy is that I've committed no crime but I'm still going to keep out of the way of the police because I don't want to be arrested and banged up in jail over night and get a lawyer to defend me while they make enquiries to establish my innocence...
      Free advice and opinions - refunds are available if you are not 100% satisfied.

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        #33
        Originally posted by Fred Bloggs View Post
        Profits are only taxed once.
        That's what I thought Fred.

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