I wondered if someone can advise me on the MVL process. My LTD company is being wound up this week. Final distribution has been made. My questions are:
1. Will my 2 year exile from 'similar trade' starts from the day the the final distribution is made or it starts from the day the liquidation process has been initiated,(in my case March 2021) ?
2. I have a day job which is on PAYE basis but I do some work outside my regular job which is 'similar'. Can I start using an umbrella company for my non-PAYE income without risking TAAR ? Or should I just stop doing any extra work outside my regular salaried job for safe side.
Thanks in advance
1. Will my 2 year exile from 'similar trade' starts from the day the the final distribution is made or it starts from the day the liquidation process has been initiated,(in my case March 2021) ?
2. I have a day job which is on PAYE basis but I do some work outside my regular job which is 'similar'. Can I start using an umbrella company for my non-PAYE income without risking TAAR ? Or should I just stop doing any extra work outside my regular salaried job for safe side.
Thanks in advance
Comment