Trading opportunities with large sums of cash?

[TopBanana]

Really? Interesting.

My understanding was that it only applied when the money was being actively used for trading.

[ChimpMaster]

Really? Interesting.

My understanding was that it only applied when the money was being actively used for trading.

What?

I don't know where you're getting your info but you need some education in small Ltd companies!

Or...Get an accountant, ask him. Simples.

[DeludedAussie]

What?

I don't know where you're getting your info but you need some education in small Ltd companies!

Or...Get an accountant, ask him. Simples.

I think the OP meant you can claim entrepreneurial relief on cash in the bank

I have checked and you can

[centurian]

OK, so we don't qualify for entrepreneurs' relief if we just have a load of cash piled up.

Do we not. I thought that if we wound up a company, we could claim ER - as long as we don't just start up another LtdCo the next day.

[pacharan]

Buy a shop and get someone in to manage it