Taxation and formalities investing in another new company please advise?

[everfor]

I am IT contractor holding limited company and planning to open the another company in india for product development with indian people tie up and continue the business with indian company name . For that i have invest around £50K and returns in either 2 or 3 years period, and this amount will taken from bussiness account from current turnover. My question is, I am doing the turnover around £120K and my expenses will be £30K . And how this invested amount £50K will be shown in the accounts? And how much corporation tax i have to pay either 20% of £120K-£30K(exp) =90K or £120K-£30K- £50K=£40K?


Before i speak my accountant, need your advise about taxation and UK formalities about investement in another country? Appreciate your advise...

[Sockpuppet]

You need to speak to an accountant but I highly doubt you'll be able yo avoid the CT on the £50k

[bobspud]

If you invested the money obviously gained out of our economy back into it, instead of trying to screw us out of the tax you owe and then take the work abroad, there will be a number of tax initiatives that you could benefit from.