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Recent content by zguy27
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Z
Paying back director Loans with property
My property investment approach is a seperate issue from Ltd co/tax etc... but In essence I would rather buy 10 x £40k flats (£400k) giving me a total of £50k per per in gross rent (12.5%) rather than 1 x £400k in London giving me rent of £20k per year (5% If I'm lucky.) As an example; the...- zguy27
- Post #15
- Forum: Accounting / Legal
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Z
Paying back director Loans with property
I've thought about most of the downfalls you guys have rightly mentioned before I thought of this idea. Even though I own quite a number of properties; I concentrate on low value and high yielding properties for the most part; hence I have never yet reached the SDLT threshold for any of my...- zguy27
- Post #11
- Forum: Accounting / Legal
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Z
Paying back director Loans with property
As all my rental profits are re-invested (and always will be); I would rather have my properties through a limited company where I can re-invest profits at a 20% tax rate as opposed to 45+%. Yes I'm aware its not quite as simple as owning properties through a personal name, but I think it's...- zguy27
- Post #5
- Forum: Accounting / Legal
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Z
Paying back director Loans with property
Hey guys, I'm working through a Ltd company for now and I'm withdrawing money from my Ltd company account into my personal account and purchasing property with it every few months. So basically I'm taking out a directors loan that allows me to purchase property through my own personal name...- zguy27
- Thread
- Replies: 14
- Forum: Accounting / Legal
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Z
Limited Company as a Locum GP
Do PCG ones have contracts relevant to the medical profession/seeing patients or will I kind of have to re-invent the wheel in changing a pre-existing contract that it may be easier to do it myself? Thanks- zguy27
- Post #10
- Forum: Accounting / Legal
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Z
Limited Company as a Locum GP
Thanks guys, I think I definately just need some model contracts and tweak them. I'll differ from a salaried GP in a few ways: 1) They approached me for work and asked how many sessions I could offer them 2) I won't be getting any employee benefits (such as training days, indemnity fees...- zguy27
- Post #6
- Forum: Accounting / Legal
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Z
Limited Company as a Locum GP
Hey Guys, I realise that this website is mostly for IT contractors, but I've found it very helpful in researching about setting up my own limited company so I thought I would sign up and pick your brains... I have just started work as a GP Locum (where I work for different practices/health...- zguy27
- Thread
- Replies: 22
- Forum: Accounting / Legal
