Any idea of the tax implications if say a limited company invested?
I'm not an accountant but if the ltd company in question is a small business it would risk being designated an investment company and become liable for the investment company rate of corporation tax. I think this is 28% compared to 21%
I'm sure there are ways to creatively account around that though. Have no idea whether HMRC would look at your investment as a percentage of turnover to make their decision or not. It might only be a risk if you have a very large cash surplus that you'd normally withdraw as a dividend.
I'm not an accountant but if the ltd company in question is a small business it would risk being designated an investment company and become liable for the investment company rate of corporation tax. I think this is 28% compared to 21%
I'm sure there are ways to creatively account around that though. Have no idea whether HMRC would look at your investment as a percentage of turnover to make their decision or not. It might only be a risk if you have a very large cash surplus that you'd normally withdraw as a dividend.