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@ business genius, all funds spent on the business like, wages (except director's remunerations), stationery, adverts e.t.c are all counted as business expenses and are classed as investment funds.business genius wrote:Hi Nagisons
Investment to spend the funds for the establishment of business like capital expenditure.
The wages, stationery, advertising are business running expense and are not investment.
Hope this would be clear to you or you can ask from me further.
c wrote:@ business genius, all funds spent on the business like, wages (except director's remunerations), stationery, adverts e.t.c are all counted as business expenses and are classed as investment funds.business genius wrote:Hi Nagisons
Investment to spend the funds for the establishment of business like capital expenditure.
The wages, stationery, advertising are business running expense and are not investment.
Hope this would be clear to you or you can ask from me further.
hi rahul,rahulsingh1 wrote:mate, there are tons of threads answering this question. did you read the forum first ?
Answer to your question is,
if you are running a limited company, just transferring the money from your personal bank account to your business bank account is termed investment.
Now that your business owns this money- how it chooses to spend it (Like Wages, Salaries, Rents, Business Rates, Equipment, stored Stock, ETC ), is not the business of HMRC or UKBA.
If you are self employed, and due to virtue of that you have no business bank account, then all of the above will be termed investment.
Proof of investment for limited company is just your un-audited accounts and HMRC company filings. thats it. nothing else is required.
hi rahul, let's say one pick direct investment option for business as 50k fund available. does that mean, one can transfer money from personal acc to business acc without needing any documents( as oppose to director's loan to company, which need legal deed, a little complicated).rahulsingh1 wrote:ofcourse- you have to do the transfer. but in the company's account, you can show it as a direct investment or as a director's loan.
Depending on what you choose to show(direct inv or directors loan), you will have to create a directors loan agreement supporting that money transfer, which you will have to submit during extension.