boundah
Member of DD Central
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Post by boundah on Feb 27, 2017 15:01:04 GMT
At the moment I use several P2P platforms as an individual. I would also be interested in using my limited company to invest through - does anyone else do this, and if so, can they offer any wise words?
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 27, 2017 15:20:41 GMT
At the moment I use several P2P platforms as an individual. I would also be interested in using my limited company to invest through - does anyone else do this, and if so, can they offer any wise words? I do this via SS, MT & ABL. It is no different than investing personally, but some may ask for additional ID. FS also has tax benefits if you invest via the SM at the right tome, but that is for someone else to explain! Needless to say, the tax benefits you get via the personal investments don't apply to business investments; as such, all interest will be taxed @ 20% unless your business spends it within the same tax year (I'm no accountant, so someone may want to jump in and correct this or expand on it). A benefit (I may get slaughtered for saying this, but I'm only relaying the facts at hand) is having 2x the pre-funding/ allocation on SS & MT, as it is a completely different account.
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SteveT
Member of DD Central
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Post by SteveT on Feb 27, 2017 15:56:37 GMT
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