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Ltd company invest in gold or diamond

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  • 19-11-2015 10:31pm
    #1
    19driver83
    Registered Users Posts: 164 ✭✭


    I work as an engineer and operate through a ltd company?

    Someone said to me recently that you can buy gold or diamonds with your company. Is this true? If so, how does it work?


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    #2
    barneystinson
    Registered Users Posts: 4,683 ✭✭✭barneystinson


    19driver83 wrote: »
    I work as an engineer and operate through a ltd company?

    Someone said to me recently that you can buy gold or diamonds with your company. Is this true? If so, how does it work?

    You mean your company can buy gold or diamonds. Which it will then own, until it disposes of them...

    Your company can buy jelly beans, rubber chickens, umbrellas, brass doorknobs, electric toothbrushes... you getting the idea?

    How it does this is generally by cash, cheque, card transaction or bank transfer...!


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