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?and there lies the reason why i am going back to the accountant!! sorry guys :rolleyes:

NeK, if you are setting up a trust for this IP and it has currently no value then you cannot 'loan' the trust the 20% as there is no means for this entity to 'pay' it back to you with interest. Is my understanding. (It would also make no sense I would think, that the trust is using a loan it...

Hi Paul, thank you for your feedback...and yes I have spoken to a couple of people on here about different strategies concerning this. We made the error of purchasing the property in my name when we thought it would be quite a small scale investment, took a chance and fought for demo and now...

Hi there, as someone who has recently gone down the path looking to setting up a D. Trust and am still talking to my accountant about this, I would take on board what you are hearing here. It isn't like filling out a simple tax return, when you don't have much to declare, or a DIY will, when you...