Spending Company profits on property, or putting into SIPPs?

Postby alik on Sun Aug 28, 2005 3:14 pm

Hi,

Have said elsewhere I expect my company to make around £100k after costs but before tax this year.

Am keen to invest this money into property -

Would you say is best to take out as dividends/salary and buy as individual, or,

Buy as the company, or,

Put into a SIPP and buy within this??

I suppose it may depend on my strategy - it would be buying buy to let properties in Scotland to be held for 5 years minimum.

Any help much appreciated.
alik
 
Posts: 14
Joined: Wed Aug 06, 2008 3:23 pm

Postby Instinctive on Mon Aug 29, 2005 2:17 am

My advice would be to buy personally or SIPP, in that order. I would not recommend buying within the company.

If you would like detailed reasons for the recommendations, you would need to seek independent advice and of course pay for the priviledge.

Ramnik
Instinctive
 
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Joined: Wed Aug 06, 2008 3:15 pm


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