Recent content by Red Wood

  1. Red Wood

    Associated companies

    Yup, i agree
  2. Red Wood

    Associated companies

    Independent for sure
  3. Red Wood

    Can my Company pay to build a new office on land i own

    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.
  4. Red Wood

    Can my Company pay to build a new office on land i own

    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.
  5. Red Wood

    Can my Company pay to build a new office on land i own

    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...
  6. Red Wood

    Can my Company pay to build a new office on land i own

    If it all hangs on the lease being in place, just back date it.. how would they ever know?
  7. Red Wood

    Forming Companies to Avoid Rates

    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.
  8. Red Wood

    Can my Company pay to build a new office on land i own

    Interesting post. Following as I have a similar idea in the future.
  9. Red Wood

    SIPP questions

    That is absolutely bonkers.. USSR 2.0
  10. Red Wood

    SIPP questions

    HMRC, the least fun people at any party.
  11. Red Wood

    SIPP questions

    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.
  12. Red Wood

    Sites for Credit Vetting

    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.
  13. Red Wood

    Associated companies

    I am not intelligent enoigh to come out with a rock solid opinion of our position based on the link. UK tax law is overcomplicated.
  14. Red Wood

    Associated companies

    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.