Originally posted by el duder
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Mortgage Advice
Collapse
X
-
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light. -
Originally posted by el dudernah just bored.
well this place is set in the quintessintial british countryside.
I actually like this guy...he's honest.
Bored in IT !! me too !!!!!!!Comment
-
Come home to a real fire,
Buy a cottage in Wales"Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
-
Originally posted by DaveBCome home to a real fire,
Buy a cottage in Wales
when in the 1980's was that first said ?Comment
-
-
Originally posted by Andywand do you know how much the stamp duty is on 195k ?
Originally posted by AndywI know renting is 'dead' money but if your new business plans go tits up you may not want equity and then get creditors taking your newly acquired residence !Comment
-
Originally posted by Ardesco£1950 pretty reasonable actuallly compared to a £250,000 place that would cost you £7500.....
LTD company means they can't touch his assets unless he is renting his house out to his LTD Co, in which case they could make a case that the LTD company owns a proportion of the house and take money to the value of the proportion of the property the LTD Co owns.
Thats not strictly true...if you owe money to the IR they can come after you personally even though you trade through a ltd co.Comment
-
Yes if YOU owe money to the IR, not if your LTD company owes money to the IR. If you don't pay the relevant tax on the money you take out of your company you're a twat and deserve everything you get.Comment
-
Originally posted by ArdescoYes if YOU owe money to the IR, not if your LTD company owes money to the IR. If you don't pay the relevant tax on the money you take out of your company you're a twat and deserve everything you get.
Wrong!, under the compliance laws, if you, as director, have deemed to not to ensure the company hasnt made the correct contributions YOU will be liable. If you dont beleive me check it out.Comment
-
If you mean you are liable if you commit fraud, then yes, but again if you commit fraud you are a twat.
If your company goes tits up depite your best efforts to keep it running you are not liable for anythingComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Secondary NI threshold sinking to £5,000: a limited company director’s explainer Dec 24 09:51
- Reeves sets Spring Statement 2025 for March 26th Dec 23 09:18
- Spot the hidden contractor Dec 20 10:43
- Accounting for Contractors Dec 19 15:30
- Chartered Accountants with MarchMutual Dec 19 15:05
- Chartered Accountants with March Mutual Dec 19 15:05
- Chartered Accountants Dec 19 15:05
- Unfairly barred from contracting? Petrofac just paid the price Dec 19 09:43
- An IR35 case law look back: contractor must-knows for 2025-26 Dec 18 09:30
- A contractor’s Autumn Budget financial review Dec 17 10:59
Comment