Member Since: 22nd Jan 2013
2nd Aug 2016
Or Partners in partnership B to come up with the £200k difference to make it £400k equal to the value of partnership A...
Don't think this necessarily have to be physical cash though. Could be in form of assets or intellectual property.
I stand to be corrected.
1st Aug 2016
Thanks for your response.
The shareholdings now is 100% to the single Director (husband) and look to do split of maybe 90:10 shareholdings? 10% to the wife.
Hope this helps...
18th Dec 2014
Back to the original post
@Carlh your scheme/the scheme you're involved in seems to be working for you so far and therefore, you're within your rights to still believe in it. I probably would have done the same if I was in your shoes. Whether it will workout the same in years to come is another matter.
Also thank you to everyone that has commented on this thread so far.
Now back to the original post. Any more suggestions/ideas?
17th Dec 2014
@ Carnmores, what is wrong with legally avoiding tax? From my understanding, legitimate tax avoidance is perfectly legal, whereas tax evasion is illigal. Can someone please correct me if I am wrong.
16th Dec 2014
Kirkers and Martin B- Thank you for clarifying what flagging means -:)
16th Dec 2014
Carlh-I like your plan
The Phrase ''Bomb Proof'' is just brilliant and i like the idea :).
But Stepurhan has made some very relevant points too.
It seems we may need the help of an expert in this area just to be 100% sure.
Feel free to DM me if you're interested.
15th Dec 2014
Is that all you've got to say?
What are you flagging?
12th Dec 2014
Residential property letting
Thank you both for your comments.
He is looking to invest in residential properties. sorry I did not specify.
He will be 48years old next year and basically looking to diversify by investing in properties.
A long term investment. The plan is to get that first property and if successful get the next one. The funds required is only for the deposit amount of say £20K maximum amount (mortgage), Property value of say £200k maximum. He is hoping to get it furnished and rent it out at a good rate, to be able to cover the monthly mortgage repayments.
Many thanks in advance.
28th Aug 2014
Accounting was boring?...Definitely not when VAT is involved! Brilliant discussions all round, now lets wait on Cruz, to find out if that straw finally broke the camel's back or not
3rd Mar 2014
Don't Lose sight of the question
Is Wayne Rooney worth £85m? It seems football banter have taken over and the question goes out of the window? Personally, I dont think any footballer is worth that amount of money. The worst thing about the whole situation regarding The Game (football), is that this mind blowing amount of money have to come from somewhere and unfortunately, it is not going to be coming from the owners pocket, that is for sure. Instead a good chunk of it will be paid for by those poor loyal football fans, who travel hundreds if not thousands of miles to watch their beloved football teams play.
Wayne Rooney's massive wage bill will be partly paid for by increasing revenue and that only means two things- in my opinion:
1) ticket prices will definitely be going up in the very near future
2) Club merchandise prices will rocket.
The way I see it is this: Top players certainly have their price tags and Rooney is definitely a top player but no way worth £300K a week, not even the great Messi or Ronaldo is worth that kind of money. However, I must applaud Rooney's agent, he is certainly in my opinion one of the best in The Game.