Amanda71 replied to the topic Selling hour home to your company in the forum General Property 10 years, 6 months ago
hi there
the family home is worth about 1mill and the 400k is the cost of the renovation
Amanda71 started the topic Selling hour home to your company in the forum General Property 10 years, 6 months ago
We are planning to renovate and extend our family home (about 400’000 worth). What are the implications and costs if we decide to sell the property to our company beforehand. The company is doing well and the profits could be used to renovate rather than having to be paid out as salaries to us (at a high tax rate)first before being used to…[Read more]
Amanda71 became a registered member 10 years, 6 months ago