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Ive been very busy contracting the last few years and have built up a decent wedge. Is the someway that I can reinvest the profits into another the market and another start up venture? What are the tax implications? I just want to make sure that everything is legal. Thanks Richie
Take the money out before the dividend hike.
If your company starts investing much it might not be considered as "trading" company, this can have a lot of (doubt positive) implications tax wise.
Best to ask this sort of question in Accounting / Legal part of the forum.
Ive been very busy contracting the last few years and have built up a decent wedge. Is the someway that I can reinvest the profits into another the market and another start up venture? What are the tax implications? I just want to make sure that everything is legal.
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