Re: vat
Hi investor100,
Thanks for reply,yes I do intend to move on this project. I am already Vat reg, my wife is PAYE,in consultation with her of course! I plan to vat reg her for a limited period 5-10 years and buy two houses(new) as investments this year in my wife's name only.I will pay the vat back over as long a period as possible, dereg when complete.
we have one other investment property in joint names. I will have to look into my vat liability on this,it may have to be move into my name only along with any other further investments.
I have been watching your other post with interest, and I am with you on it.If you can rent them and good houses in good area Go for It! I have yet to be stung on an investment therefore would risk more.
Poundmaster