From: "fishman" 
Newsgroups: uk.finance
Subject: Re: Buying a house with cash
Date: 29 Apr 2005 07:06:28 -0700
   posting-account=YN5RgA0AAAANQTR3WiFLQowZw84x7lN9

Is it not possible for the company to buy and own the house and you
rent it off the company for 1p? Then you can pay yourself a salary
minus the cost of what it would cost you in mortgage repayments over 25
years and pay less income tax and NI too?

Also 230k of your profit is wiped out by investing in property so not
taxable?

I'm probably very, very wrong.