Daz has hit the nail on the head. He is sharper than many on here..
Correct...... 1. I want to buy the van & equipment within the 2018-19 tax year so i can start the full liability and write down almost all of my profit for on the 1st year of purchase.
2. If i use all bank monies, i wont have any working capital for the expansion i need in 2019 as all hands will be to the deck, so there is no benefit to me emptying the account if i can finance over 2 or 3 years and add it to my liability account balances.
3. Correct, there wont be 12k in the account, more like 7.5-8k by the time last years liabilities are fully paid up i had quite a large bill for tax advice & accounacy fee's last year that i am still paying back, and of course there will be the accountancy fees to pay for this end of year so i'm more likely to end up with 5 or 6k of actual cash left over in the bank.
4. I havent taken any dividends this year. Only my wages, and the wifes, plus whats owed to me on the DL account.