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I think the nursery is completely stuffed unless I find an expert tax advisor

56 replies

Katymac · 06/06/2007 09:52

I had a phone call this morning from the people who own the barn

Their accountant has pulled up the problem that the increased value of the barn will be subject to inheritance tax & theywon't be able to afford it

So this may stop them leasing me the barn

I need a tax advisor asap as I need to solve this problem & present them with a solution

I feel so gutted and am sitting here weeping at the computer & then feeling so guilty as it's only a bloody business & nobody died or anything

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Katymac · 10/06/2007 19:48

Fortunatley the childminding supports my family

If I could get land I would

I also priced up a log cabin for the size I need it was about £125 by the time it was erected, with drains/elec etc

OP posts:
bobbysmum07 · 10/06/2007 19:51

Will you keep the childminding business running then?

Katymac · 10/06/2007 19:58

Absolutely with DH in charge

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bobbysmum07 · 10/06/2007 20:03

Very sensible.

I'd still think twice about taking on that sort of debt though.

Judy1234 · 11/06/2007 07:57

You haven't taken advice from that list from a solicitor though and it's a complex thing you're setting up. I think it would be worth paying for half an hour's advice from a property lawyer.

Katymac · 11/06/2007 14:50

Sorry forgot to mention my uncle (the solicitor) and y dad (the management consultant)

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