As always, totally depends on your individual circumstance – but here are my two cents.

I would consider business as the number one option but only if i had a good idea and a way of getting enough extra start-up capital. It is definitely the riskiest option but the lessons you learn even in a failed business of your own are invaluable. Plus, if…[Read more]

Hi Terry, thanks a lot for your reply. Yes, I think I can just about get the first positive geared IP negative with deductions. If not I’ll just pay a bit of tax I suppose.

I have also spoken to my bank now and I think I understand the options better.

Time to start looking for a new IP!