Recent content by Glorefi

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    Greater Profits from a Non Profit making Buy to Let

    Thank You, the 10K I recieved was not as directors dividend but as the only money I could take out which is a fraction of the over 100K the company still owes me as a result of the sales I made which I am entitled to tax free. I just think taking the first 10K each year over the years will be a...
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    Greater Profits from a Non Profit making Buy to Let

    thanks. the rental from these properties are only limited. In FY04 the rentals came to 15K, after 5K expenses I was able to draw the balance of 10K tax free. But FY05 may see figures of up to 20K or more so after about 5K expenses, the tax man will be looking at his 19% cut before I can draw any...
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    Greater Profits from a Non Profit making Buy to Let

    Hi I wanted to confirm whether my concept of being able to make more money from my business if it was non profit making is correct. I have sold a number of my own properties to my buy to let company for which I am the only director and now my company is owing me quite a bit. Does anyone know...
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