MVL - help please

[luxCon]

To do this, presumably YourCo still needs to keep paying you a salary? I seem to recall when I was looking at the prospect of doing something similar, my accountant said it might be viewed dimly by HMRC to be paying pension contributions with no accompanying salary.

You don't need to pay salary, in fact you cease your PAYE. You still be director and need an accountant to produce reduced set of filings. It would be a cheaper accounting fees. You keep the company going without any trading. Once trading starts you back to normal.

I've never done it, but know its the recommended way if you know you will need the company.

Ref Pension contributions; It only makes sense during trading periods where there is corp tax liabilities. So if for next tax year you cease trading, there will be no benefits in paying pension contributions. But you can pay Divs, at least the 2k

Talk to accountant for details