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Most Tax Efficient Way to Extract Funds
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Yes only option for this year is for me to sell my pick up truck to the ltd company. I already own it so just a paperwork exercise. I will then take a company car through PAYE employer so no BIK to pay the business as it will become a vehicle only used by the LTD companyGrumpy_chap said:
Is one week enough, if you are considering options that involve vehicles within the company? I think the vehicle has to be fully invoiced in the accounting period and invoice is usually at delivery date.lal5002 said:
I dropped my accountant an email and we are having a chat end of the week before year end in May.0
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