She's arrived this morning.....

[Lancs Lad]

No, a director's loan can work both ways. An overdrawn director's loan is when a director takes money out of the company, often before declaring the company insolvent. This is where people will commonly hear the phrase, when hearing that a company has gone bust. An overdrawn directors loan is the first thing an insolvency practictioner would look for, and it also leaves the director open to a personal tax liability which many/most ignore, and hope that they won't be found out.

However, seed capital can be either loaned to the company (a director's loan), or the company can pay for it in shares.

You post on here like a man of mystery, with ways anyone can use to avoid ever paying tax, but if anyone takes your advice and runs with it then they're leaving themselves wide open to a sore arsehole. Especially as HMRC can (and do/have just) introduce new powers retrospectively to investigate directors/failed companies.

Correct on the DLA you can actually run an overdrawn DLA for years but after 12 months the co pays tax on the amount from memory..

Fred's advice ..which incidentally is all pretty common stuff any accountant worth his salt should be telling you tax minimisation is ok...tax avoidance is reserved for those big enough to tell HMRC to go and procreate ..... just look at eBay and friends.. pay zip all UK Corp tax...when HMRC call them...they meet for lunch and agree the lowest amount that looks plausible. ..or something like that. In fact Vodafone did that exact thing ..it's in the public realm ..watched the public accounts committee recording of the story .
That's my boxing day waffle

 

[fred]

No, a director's loan can work both ways. An overdrawn director's loan is when a director takes money out of the company, often before declaring the company insolvent. This is where people will commonly hear the phrase, when hearing that a company has gone bust. An overdrawn directors loan is the first thing an insolvency practictioner would look for, and it also leaves the director open to a personal tax liability which many/most ignore, and hope that they won't be found out.

However, seed capital can be either loaned to the company (a director's loan), or the company can pay for it in shares.

You post on here like a man of mystery, with ways anyone can use to avoid ever paying tax, but if anyone takes your advice and runs with it then they're leaving themselves wide open to a sore arsehole. Especially as HMRC can (and do/have just) introduce new powers retrospectively to investigate directors/failed companies.

there are advantages to NOT being a director just a shareholder doob. Ask the beancounter.

I never mentioned it though.

 

[JD450A]

 

[Hg2702]

Well f0ck me sideways with an ice cream cone that’s impressive

 

[6feetdown]

View attachment 30913

Great idea wonder if I could get mine on something similar I've a job to do in the new year where it is borderline if I can get it there

 

[V8Druid]

first time he scows them round they'll fold .... now some steel discs with a rim on'd stick it for a while

 

[6feetdown]

first time he scows them round they'll fold

Yes can see that being an issue

 

[Grahams]

first time he scows them round they'll fold .... now some steel discs with a rim on'd stick it for a while

I would guess he is only using them to get through the narrow bit then will put the normal wheels back on.

 

[6feetdown]

I would guess he is only using them to get through the narrow bit then will put the normal wheels back on.

Yeah just get through the gap

 

[hiluxman]

Yeah just get through the gap

Makes you think about what's going off behind the gap as they clearly aren't fetching stuff back through the gap

 

[Lancs Lad]

Makes you think about what's going off behind the gap as they clearly aren't fetching stuff back through the gap

Railway Embankment?

 

[1RB]

View attachment 30913

that was a job I was on, we put the ply wheels on to just squeeze pass the garage, then once in there we cut down every tree in the garden & burned them. The next day I managed to access across an old muck tip & track my 3 tonner though the back hedge & get the avant out

 

[1RB]

Another tight access job for same firm in Wokingham. It’s not stupid if it works

 

[Hg2702]

View attachment 30951
Another tight access job for same firm in Wokingham. It’s not stupid if it works

Proper attitude there

 

[1RB]

When you’re driving a avant to it’s full potential you need at least 3 wheels in the air

 

[Hg2702]

View attachment 30953
When you’re driving a avant to it’s full potential you need at least 3 wheels in the air

Clean pants needed

 

[V8Druid]

View attachment 30951
Another tight access job for same firm in Wokingham. It’s not stupid if it works

very clever .... amazed the shed/pigeon cot stayed together though TBH

 

[dod]

I've had my eye on a wacker neuson for a while. Always wrote off an avant I think its cause all the ones round me are 400 series. That 800 series looks a beast!!!

 

[Gunners]

I've had my eye on a wacker neuson for a while. Always wrote off an avant I think its cause all the ones round me are 400 series. That 800 series looks a beast!!!

The Wacker telehandlers are really neat little machines but really for 1t and under. It will lift 1.2t but not competently. An avant will lift more and power more attachments if that’s your thing, but obviously the wacker wins on reach

 

[DaveDCB]

Tried to get a price on a 2.5/6m wacker telehandler & a jcb, still waiting for both dealers to get back to me..