Thanks Buddy for your replyI will seek professional advice of...

Thanks Buddy for your reply

I will seek professional advice of course but would like to get a handle on it now to know in advance rather than get smacked over the head in 12 months time
I would have thought there would be more interest in it on this board
The figures I quoted were simply an example which I figured would be an easy way to explain how the "arrangement" might work as far as tax goes
Maybe Ill read the Price Waterhouse example again

Cheers

Greggy