I currently run a single employee(myself) business and the business generates about 100k year profit( after paying myself) .I'm looking at investing this extra cash into stocks . mainly into US ETF;s for their tax efficient structure .
My horizon is 5- 10 years and i don't plan on altering the ETF's i invest in , in order to minimise CGT .
2 Questions :
1.Would I be better off taking the money out of the company and investing it personally?
2.Would there be any scope to trade in and out of the ETF;s( yearly or every 6 months) to incur corporation tax on the 'trade' as oppose to CGT on the investment .
Thanks,
Chris
My horizon is 5- 10 years and i don't plan on altering the ETF's i invest in , in order to minimise CGT .
2 Questions :
1.Would I be better off taking the money out of the company and investing it personally?
2.Would there be any scope to trade in and out of the ETF;s( yearly or every 6 months) to incur corporation tax on the 'trade' as oppose to CGT on the investment .
Thanks,
Chris
