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Loan to a sole proprietor who is abroad
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Originally posted by TheCyclingProgrammer View PostLouisa and Neil seem to be new around here. Give them a few years and they'll both be as cynical as the rest of us.We're all ears!Comment
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I will get a proper loan agreement. There is a chance that his company could be converted to a partnership - but that's probably not possible with a Ltd. co.
I'm winding up as I'm moving abroad.
It would seem that it's better to get the cash down to £25k and wind up and withdraw as assets.McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Originally posted by TheCyclingProgrammer View PostLouisa and Neil seem to be new around here. Give them a few years and they'll both be as cynical as the rest of us.
Neil however looks like a nice fresh newbie! Anyone clarified his stance on Gladiators yet?Last edited by northernladuk; 16 January 2017, 17:40.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by lilelvis2000 View PostI will get a proper loan agreement. There is a chance that his company could be converted to a partnership - but that's probably not possible with a Ltd. co.
I'm winding up as I'm moving abroad.
It would seem that it's better to get the cash down to £25k and wind up and withdraw as assets.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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I'm just following this...How to pay the least tax closing a limited company :: Contractor UKMcCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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