Yeah, it's probably best me going to sit down with an accountant over the next couple of weeks and get into the details.
Unfortunately not quite that far north, I'm near Harrogate, but thanks anyway
Haha, you have no idea how many times I get that, tempted to just change it to Marcus
Thanks Casper, appreciate the kind words, I very much like to over plan to minimise my risks as much as possible. I'm not blind to the risks though and have to accept that it may not work out but I'd rather try and fail than not try at all. It all started from my love of working on cars and doing light restoration work, however I really don't like working on other peoples cars, so I came to the conclusion that I'm best buying a car, doing the work I enjoy and then selling it.