Hi,
Quick question;
I am one of two managing directors and we recently purchased some of the premises in which our ltd company works from.
Obviously up till now iv taken salary, but now that I own the premises, what are the tax benefits, if any, of me taking rent off my company instead(on top) of my salary???
Any advise appreciated
Thanks
Quick question;
I am one of two managing directors and we recently purchased some of the premises in which our ltd company works from.
Obviously up till now iv taken salary, but now that I own the premises, what are the tax benefits, if any, of me taking rent off my company instead(on top) of my salary???
Any advise appreciated
Thanks