Many thanks for that. The company is a limited company and I am a director so not using self-assessment. Will this change the situation please?
No. the transaction can be put through the company's books if desired. A word of caution, please remember that a director is an employee per se and must have any remuneration paid under PAYE arrangements.
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Thank you for your help on this, very informative in helping our decision.
My apologies for the delay in rating your service. Our broadband crashed on Saturday and then I was away until last night.