Any accountants around? I am a consultant with my own limited company. I've got quite a lot of cash sitting in the business at the moment, have already paid my maximum dividend, don't want to pay it to myself as I'll have to pay more income tax on it, and I'd like to invest some of it to earn a return, as inflation is rising.
If I do this does it count as tax-deductible - although obviously I'd pay tax on the interest/returns earned from the money (but could also lose money on the investments)?
Thanks!
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Tax position on company investments?
4 replies
GrumpyOldBag · 24/06/2017 14:24
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