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Company Closure / ESC C16 / CGT to pay

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    #11
    Originally posted by northernladuk View Post
    i would hazard a guesss that the requestor is asking for a split to minimise tax liabilities rather than a business justification though so this might not help him?
    That's exactly right. All my company's invoices, liabilities etc. have been settled so the remaining money in the company account is now "final" and I'm free to do the distribution and close the company.

    Obviously I don't want to get into trouble with Hector but haven't seen any rule prohibiting a split capital distribution.

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