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well i mistyped your user id, and i apologise for that.AANA wrote:Hi Ibbi87
I did not accuse YOU of doing anything untoward or abusing home office policy.
I know exactly what a Directors Loan is, i have 3 in place for each of my limited companies and i have also written a few posts in these forums advising that a Directors loan is a valid form of investment.
How you run your business and handle your accounts is entirely up to you but surely if your paying taxes and are VAT registered then you should have at least an office, which would need equipment and furnishings??? The business would also have advertised so this money should be shown as investment rather than the full £50k through a directors loan, this is my point.
Congratulations on the award of your MBA from one of the top 50 universities in the world , i can only point towards my own MBA in business management from Edinburgh University which is only in the top 20 universities in the UK but they do teach attention to detail, with this in mind, my screen name is AANA.. not anna
Salim