Got me, so you invest funds in your company via an asset, since most people never put the funds through their company bank account, and if is no loan note written its then seen as taxable income?
Read that link correct?
If you spend funds on your asset, the house, those funds then taken to have been spent through the company and hence income of be pure profit?
So if you lend the business funds, how could that be taxable, its a loan. If your business places the responsibility of fees, repairs, rebuilding or building [remember its the land we cannot own at this moment] then how is that non profit taxable.
What a person could do is debt the company for works, directors fees etc and that could wipe out eventual the cost of ownership of the house.
Appreciate all of the above makes work for professionals. Only my understanding from what is written if that link be factual? Anyone.