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Perhaps you have ever considered borrowing cash from your company to buy a house? This can be described as a good way for homeowners to combine both the personal and small business financial debt, however, you have to have an experienced accountant to your workforce who knows the numerous tax benefits and pitfalls. Generally, in the event you should be looking to borrow to u00a3 150k in your company, we advocate utilizing funds out of retained short-term or earnings investments with low degrees of yield. There are a few dangers associated with borrowing this cash - like more chance of insolvency so make sure it is worth the cost before proceeding.
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