Business Investment Idea

Morus193

Hi, I set up a Limited company 6 months ago and have built up some funds that I would like to purchase some assets for the company. My idea was to use the funds to buy shares in some FTSE100 companies, I have zero experience of doing such thing before within a limited company. I have done share trading personally. Am I correct in assuming its as straight forward as setting up a trading account with a broker and trade in the same way as personal trading then hand all contract notes to accountant? I guess this will incure some additional accountancy costs? I would really appreciate some advice or guidance as to how this works and maybe any additional costs involved that I have not thought of. Thanks a lot!

antrobus

Morus193 wrote: »

Hi, I set up a Limited company 6 months ago and have built up some funds that I would like to purchase some assets for the company. My idea was to use the funds to buy shares in some FTSE100 companies, I have zero experience of doing such thing before within a limited company. I have done share trading personally. Am I correct in assuming its as straight forward as setting up a trading account with a broker and trade in the same way as personal trading then hand all contract notes to accountant? I guess this will incure some additional accountancy costs? I would really appreciate some advice or guidance as to how this works and maybe any additional costs involved that I have not thought of. Thanks a lot!

Not a good idea normally.

Speak to your accountant before doing anything.

jonesMUFCforever

I agree what was the purpose of setting up a limited company - was it to trade in shares as an investment company or for another reason?

jshm2

Are you stock trading on your own or trading for others? It will lower your trading costs going as a company rather than individual but usually Quickbooks or Xero will do the job in keeping books. It does for the few people I know who day and swing trade for a living.

That's the only real advantage to going Ltd as a trader