Hi,
Thank you for the response. I started thinking along those lines this morning so I will get on the phone later.
- 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!
Reply to: Startup Financing
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Startup Financing"
Collapse
-
structure
I'd strongly recommend you speak to your accountant on this one as the structure going forward could be crucial from a protection as well as tax perspective. There could be a case for a group structure or simple related company loans depending on purpose and trade of the companies but it's quite specific to your circumstances.
Leave a comment:
-
Hi,
Yes I have a very good idea of what my current startup will be doing. I was hoping to provoke a few thoughts i.e. loaning money from one business to another.
Leave a comment:
-
Originally posted by youwhut View PostHi,
I am a contractor with a limited company. No problems there.
I am attempting to generate some (tonnes) of cash with a startup. I am at the stage of registering the company which is the easy bit. What are the ins and outs of financing my startup with money from my contractor limited company? Is it even possible? Is there something clever I can do?
In many years time I envisage owning several matured startups as part of a group of companies (it sounds good). How do I setup a group of companies?
Schoolboy questions, maybe.
If anyone knows how to make millions of £ then post that too.
Thanks.
Do you have an idea what these startups will be doing or are you just trying to generate cash for now?
Leave a comment:
-
Originally posted by youwhut View PostIf anyone knows how to make millions of £ then post that too.
.
Leave a comment:
-
So, you are providing a loan from one of your companies to another.
Is that the case?
Leave a comment:
-
Startup Financing
Hi,
I am a contractor with a limited company. No problems there.
I am attempting to generate some (tonnes) of cash with a startup. I am at the stage of registering the company which is the easy bit. What are the ins and outs of financing my startup with money from my contractor limited company? Is it even possible? Is there something clever I can do?
In many years time I envisage owning several matured startups as part of a group of companies (it sounds good). How do I setup a group of companies?
Schoolboy questions, maybe.
If anyone knows how to make millions of £ then post that too.
Thanks.Tags: None
- 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
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: