Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of bsdllbsdll
    Participant
    @bsdll
    Join Date: 2011
    Post Count: 2

    Thank you both for your thoughts.

    I think I'll do a lodoc in my name and cross my fingers it works :) It's all a bit messy…

    Terry, I know about the loans needing to be on a commercial footing so that's ok. It won't be via dividend, so that leads to a question though – if I take out the loan from the company and then get charged interest (as you're supposed to), is that interest tax deductable now that it's against an asset?

    Damn I need to find a tax advisor, financial planner and accountant. I think my days of doing all this myself are coming to an end… I think that shall be my next post…

    Thanks,
    Darren.

Viewing 1 post (of 1 total)