Director new business advice
I have a director who has a new business idea which he wishes to fund from his existing Ltd Company. He is paying for advice on how to set up the new arrangement which I have invoiced him for personally as it can be deducted in his first CAP as pre-set up costs for the new business. He wishes to pay from the exisiting Ltd Company. I havent billed the Ltd Co as the new business is unconnected and the advice is for the Director personally and not the trading Co. Any advice?