40k to invest.home or abroad?

M

mataba

Guest
We have a Ltd company and have 40k investment which has just matured.
we would love to take it and spend it but with tax implecations its probaly not a good idea?.
Where is the best place we can put it,we dont mind putting it away for a few years.
One other option is my wife is from Philippines and have some good investment plans there but ive no idea how to take it out of the country legitimately.
 
Why not seek financial advice, if the money is company you can extract it in a tax efficient manner via a directors pension. Depending on what structure you do this through you may be able to buy the property in the Philippines with it as long as it is at arms length.
 
Good advice there from leroy but what ever you intend to invest in make that its not weighed down with Management fees sales fees and all other fees that will deplete your capital and eventual gains.
 
As mercman said, watch the charging structures, small self invested pension may work depending on your needs
 
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