Best use for company surplus funds?

Nikel

Lots of contractors set themselves as single person companies in which they are the MD.

saverjustice

Look, this guy needs to be pointed in the right direction, if you can't help him you shouldn't pretend that you can or imply that his assumptions are acceptable to the authorities.

marvin

The options depend on what risk is wanted to be taken with the money. If you want no risk leave in cash in the bank (or on the money market).

Otherwise your options are riskier, investing in bonds, funds and shares, the business can invest in all the things that an individual can as it is in the eyes of the law an individual in its own right.

I think it was Wrekin construction who invested in a gem valued by them in millions and turned out to be worthless (or near enough).

If it is short term cash there to cover unforseen problems then my view is you would need to take no risk and leave it in cash.

Kohoutek

saverjustice wrote: »

Look, this guy needs to be pointed in the right direction, if you can't help him you shouldn't pretend that you can or imply that his assumptions are acceptable to the authorities.

I never stated or implied that he should regard himself as self-employed to HMRC, nor is there anything in his post that suggests he does.