How has this car crash thread reached 13 pages??!?!?
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'CUK forum personality of 2011 - Winner - Yes really!!!!
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bashing my arguments for 13 pages is easy...or it isn't...?Originally posted by northernladuk View PostComment
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I'll ask again, did you find the links I posted on here useful to youOriginally posted by diseasex View Post
The Chunt of Chunts.Comment
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yeah. If I was mean I would say they are useless. But I'll be nice and I'll tell you that they relate to people drawing funds from company or people having "significant" investments on their consultancy LTD. Neither applies to me. But thanks for trying.Originally posted by MrMarkyMark View PostI'll ask again, did you find the links I posted on here useful to you
Also consider the new 7.5%+ dividend tax. That might actually make sense that you want to keep this cash within limited and invest.
You can also transfer funds to new LTD, then your consultancy incurs loss, whereas second company gets profit. Didn't understand this bit but it goes something like evening out or something. Anyway there is a way to transfer assets between LTD as you are owner of both. My accountant tried to explain that to me, but I will be researching this topic when I get there.Last edited by diseasex; 3 November 2015, 14:29.Comment
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Well, I did!Originally posted by MrMarkyMark View PostI'll ask again, did you find the links I posted on here useful to you
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Very generous of youyeah. If I was mean I would say they are useless. But I'll be nice and I'll tell you that they relate to people drawing funds from company or people having "significant" investments on their consultancy LTD. Neither applies to me. But thanks for trying.
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You said you were also investing in properties, is this not a significant investment?
You have heard of SISO, my supplied information is only as good as your inputs.The Chunt of Chunts.Comment
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I think I know this accountancy firm, is it Weir, Norfolk and Goode?Originally posted by diseasex View PostComment
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That doesn't sound nice as you probably meant it to...Originally posted by diseasex View Post
You don't want any more of this do you?!
It was helpful info for you to look into, right -so you don't make those mistakes yourself?
I think MarkyMark is on the verge of doing this!!
What do you think are the gaps in your planning?
What do you want advice on? People will help if you don't alienate them.
(Yup, I've just discovered how many amazing smileys there are...)Last edited by CalamityJane; 3 November 2015, 14:34.Comment
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Well my plan relies on my trading skills in general, I don't think it can be applied and done by anyone. What can I say. I'm trading stocks for over 10 years, I'm trading on ebay successfully for 4 years. Don't get me wrong. I was in debt 4 years ago, started 18k job and climbed since then increasing salary by 50-100% every time I was making a change. I consider myself quite successful already so when somebody is telling me I'm an idiot or treat me like it, I don't think he's right. Well I didn't win nobel prize, but I'm doing all right, and picking my battles well.Originally posted by CalamityJane View PostThat doesn't sound nice as you probably meant it to...
You don't want any more of this do you?!
It was helpful info for you to look into, right -so you don't make that mistake yourself?
I think MarkyMark is on the verge of doing this!!
What do you think are the gaps in your planning?
What do you want advice on? People will help if you don't alienate them.
(Yup, I've just discovered how many amazing smileys there are...)
So the real risk is that I will constantly fail at investments, or get addicted to them by repeatedly making mistakes etc. But hey , that's what business is, you risk. At least in 20 years time I won't say "dang I should have tried and take my chances on this or that" because I'm taking my chances now. If I'll fail , I'll milk contracting while it lasts.
HTHComment
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