Recent content by LondonSW

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    Gifting shares of a Trading Business to son/daughter

    Thank you Adam, really appreciated.
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    Gifting shares of a Trading Business to son/daughter

    Problem of family trust is that dividends received by trust, if I well understand, would be taxed 38.1% above £ 1K. Correct? Otherwise it seems that we better wait for kids to be 18y, make them a proper gift, and while studying at Uni use their dividend allowance and (7.5%) reduced taxation on...
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    Gifting shares of a Trading Business to son/daughter

    Hi All, many thanks in advance to whoever will contribute to this post. My wife and myself, we have several Trading and Investment Businesses (Investment is a Limited Co doing BTL/property biz), and I was wondering when/how to start gifting shares to the kids. I was wondering if gifting...
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    RBS Shares

    Blood, I have been working myself in the Global Financial Market Division of a number of top Banks in the City, and I find it very hard to be bullish in the sector, even in the very long run. Regulations are literally killing all GFM division making it extremely capital intensive, over regulated...
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    Anyone know where to sell a few million dollars worth of offshore shares?

    Hi Clinton, I am a former Banker in the city, I am now advising some customer of mine, and supporting two FCA firm on Debt and Equity Capital Market and PE. If you want I can sign an NDA and have a look in principle to establish if worth showing to them and under which term we can support. Feel...
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    Profit margins on imported items

    My wife run her biz, import/distribution of a Luxury product. In her industry there are some "standard", importer buy at 30, sell to shop at 50 and shop sell to retail at 100. She has some obligation in term of advertising (5% of what she buy, and the producer match with a contribution of...
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    Loaning money from limited company for a mortgage

    To me it would be a loan your Limited is doing to you as shareholder/Director, hence if not repaid within the prescribed timing, it would be classified as a distribution of dividend to you, with due tax on dividend. It would be different if you buy a Flat in BTL, with another Limited you have...
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    Pensions - Pensionable pay vs Qualifying Earnings

    Hi, my wife biz (Limited) employ two person and we just started to look into this giving a sort of "mandate" to our IFA, via whom we have also SIPPs, Life Insurances etc since for our biz would be compulsory from April/2017. I will be able to contribute to the post in few weeks time, once I will...
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    Newco owned by other Limited - downside ?

    Thank you really appreciated. I may consider starting an Holding Company (Limited) in order to control 33% of the Developement Limited. Or could I use the Consultancy Limited, and at a later stage "trasform" the Consultacy into a pure Holding Company in case? (Consultancy is really myself and...
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    Newco hold via a Consultancy Biz - a problem?

    It seems that corporate tax is paid once (at the Development Company) and the Consultancy Company receive the dividend tax free (not added to turnover neither). If then the Consultancy Company distribuite dividend to shareholder (me), then tax will apply. I read few article on that - but not...
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    Newco owned by other Limited - downside ?

    Hi all, I posted into Finance section, but more appropriate here… Hi all, I have a Limited that I am using to Consult in Risk and Corporate Finance (I am a former Banker). VAT flat rate (Limited started in Feb/2016). I own the Consultancy (Limited) personally 100%. I am now, with an...
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    Newco hold via a Consultancy Biz - a problem?

    Hi all, I have a Limited that I am using to Consult in Risk and Corporate Finance (I am a former Banker). VAT flat rate (Limited started in Feb/2016). I own the Consultancy (Limited) personally 100%. I am now, with an Architect/planner and construction company, setting up a Development Company...
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    Refurbishment Business

    Both, to start with. On top of the buy-to-refurbish-to-sell, you may also buy-to-refurbish-to-rent. Absolutely not as easy as most people imagine, but still viable, and anyway you will learn from your mistake.
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    Commercial leasehold/freehold

    Hi Neil, I have bought myself a 999y A1 Shop with my SIPP, and in process of buying a B1 office with SIPP as well. You have NO right to enforce freehold purchase on mix residential/commercial, still you have right of first refusal if Landlord decide to sell the Freehold. The SIPP can only buy...
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    steps for renting commercial property

    Do you now business rate? Do you know if it is an A1 or A2 or what? Involve a solicitor asap, to clear the rubbish is the latest if your problem? Do you have experience in running a coffee shop?
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