Platforms for limited companies

DoctorStrange

Does anyone have any recommendations for platforms to invest limited company profits?

dunstonh

Same sort of filters you would use if its an individual.  Although its possible that some platform may not offer their services to corporates.

Reaper

The idea seems a bit odd to me. I would expect profits to either be re-invested to grow the business or paid out to the owners, apart from working capital and some reserves of course but the stock market doesn't strike me as the best place for that.

DoctorStrange

Extracting profits mean incurring 38% tax. I don't need the money just now and I'm maxing my ISA allowance, so leaving it in the company seems the better idea,  but then it's losing its value to inflation.

I'd like to buy a low volatility bond fund but a quick Google didn't show up any brokers (presumably because its uncommon) so I thought I'd check here if anyone else was doing anything similar 

lr1277

This is not a recommendation as I do not own a company. However I googled “uk stockbroker accounts for companies”. The only real result that came up was interactive investor who provide a company account. The suggestion is that you can only trade shares and not funds, but I am not certain about this. I also have no experience of interactive investor, but you could investigate further.

kuratowski

Do you have a pension?

Nvm, I can see from post history that you do.

dunstonh

I'd like to buy a low volatility bond fund but a quick Google didn't show up any brokers (presumably because its uncommon) so I thought I'd check here if anyone else was doing anything similar 

That may fill your fixed interest allocation but what about the rest of it?    Hopefully you were not referring to buying a bond fund in isolation?

Extracting profits mean incurring 38% tax. I don't need the money just now and I'm maxing my ISA allowance, so leaving it in the company seems the better idea,  but then it's losing its value to inflation.

What about pensions?   A very tax efficient way to get money out of the company.    Better than ISA which has come from net income.

DoctorStrange

The SIPP can't be accessed for 15 years so I'm looking to keep the money in the company for now, with the sole objective of beating inflation with as little volatility as possible.

easterbunni

Bear in mind a trading company shouldn't be investing (depends on amounts), use a separate company for that.

Also bear in mind that Ltd companies that invest are considered to be Close Investment Companies under the most recent budget announcements, and the corporation tax rules change

dunstonh

Bear in mind a trading company shouldn't be investing (depends on amounts), use a separate company for that.

A trading company can invest.  Offshore bonds can be a viable method within a trading company.   However, you do need to be careful that the investing doesn't become bigger than the trading element.  Otherwise it may get classed differently for taxation purposes.

The SIPP can't be accessed for 15 years so I'm looking to keep the money in the company for now, with the sole objective of beating inflation with as little volatility as possible.

What about for some of it?   Nothing else beats the pension in terms of tax efficiency.  So, surely some of the money can head that way?      

Buying a bond fund after a multi-decade boom period that looks like it is near the top is probably not a good idea for 100% of the money.

RM

DrStrange,

I’m quite a novice, but have done this with ii.
You require a separate corporate account(£39.98/month) and and LEI (slightly painful, but is just a bit of paperwork , a few weeks to organise, use Google).

best wishes.