Hi all,
First thanks for reading.
I have £750k profit in my limited company, I have taken £100k the last few years for my personal income and I've now reduced it to £50k mainly because the £25k tax is painful, considering I don't really need the money in my personal account.
Having said that, I am looking for investment ideas/financial planning e.t.c
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I am setting up a pension to through my company, reducing my CT and to plan for the future. That's one issue on it's own, where to invest, who to use e.t.c. ughhh
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Then I have all this other cash sat in the bank that I need to do something with, so any ideas?
I was thinking crypto currencies, not all of it but a small chunk...then again it's incredibly volatile and not something I'd say I was an expert in.
Other options I've thought of are property investments, setting up a network of private lettings, basically setting up a new limited company, buying property, renting it out, potentially renovating first e.t.c.
Other than this, not really got a clue...I've always been focused on making money, now I have money, no idea what to do with it ha...I'd love to go and get a Porsche GT3 or something, but the tax man would want a fair chunk, so that's a no go.
Ughh.... worst problems to have, I know - I am very gracious to be in the position I am in, but would appreciate any help and would be more than happy to give back by answering any potential questions people have.
Submitted August 24, 2018 at 11:21AM by iheartinfinity https://ift.tt/2Neh4Qm
