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closing ltd company

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    #11
    Originally posted by northernladuk View Post
    There might be an issue if you'd used MVL and gained a tax advantage closing it down. You can't re-open a new one for a couple of years in that case but you've indicated that's not required in your situation.
    Should have explained better, but was on my phone so wanted to type as little as possible, whilst trying to explain to OP. This was the reasoning behind just taking everything out as a final dividend rather than using MVL. If I go back to contracting within the next 2 years didn't want to have to use an umbrella.

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      #12
      Originally posted by doconline View Post
      Should have explained better, but was on my phone so wanted to type as little as possible, whilst trying to explain to OP. This was the reasoning behind just taking everything out as a final dividend rather than using MVL. If I go back to contracting within the next 2 years didn't want to have to use an umbrella.
      Ah Gotcha.
      'CUK forum personality of 2011 - Winner - Yes really!!!!

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