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partnership investment

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  • #1

    partnership investment

    Hello,
    I am a 50/50 partner in a small start up company.. I have invested around £5000 and lots of time/work over period of a few years designing brand and products. My partner is new and is investing £10,000.
    Can I legitimately use my costs as start up costs even if they were accrued some years ago? Or would it be wiser to see my investment as a directors loan? And If my portion is a loan and my partner's an investment are there any differences in how we are paid back?
    Thanks
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