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hmmm.. back date it two month and say there was an informal agreement to create an official lease when construction was nearing completion, or some sort of words to that effect.
Avoidance and Evasion. two very different things.
However, your point stands. Although I would still back date the lease :) and pays my money, take my chances on this situation.
He may also find some professionals that are willing to assist!
Accountants are there to advise, the solicitor doesn't need to be involved.
Nothing illegal about doing a lease on a back of a packet of cigs.
Bending the truth, maybe, however I wouldn't lose sleep over it.. They already take...
We have done this before. Took a second smaller warehouse for 3 years under a different ltd company. It was a value add activity for the main business, but saved us the rates.
Friend of mine is actively doing it currently with two units.
Quite common from my experience.
HMRC 'could' question the value of your total income if they deem it to be too high?! That's insane if that is the case, do you have any reference material?
If a business owner decides to pay themselves 100% of HUGE profits, surely that's their decision.
They are all a load of BS mostly. Although the platforms will give you some indication of credit worthiness, it is nothing to hang your hat on and often any important info like CCJs or DBT ledger info take a while to be updated.
Get your debt insured d. This is the only way to run a b2b business.
Any opinion on whether we changed it to one director had control of comp A, the other of Comp B respectively.
Both directors are related (family)
The one thing we cant change is the shared facilities. Comp A holds the lease, comp B uses some of the warehouse space.