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Closing the company - Steps required please

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    #11
    Originally posted by Waldorf View Post
    Take a look at this:

    http://www.nixonwilliams.com/images/...%20Company.pdf

    My accountant recently sent a newsletter and mentioned that the ESC C16 is about to disappear, i seem to recall that the limit will be reduced to £4K or something similar.
    Any links to back up this rumour?
    "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


    Thomas Jefferson

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      #12
      Originally posted by Ruprect View Post
      Any links to back up this rumour?
      Not sure of the current state, but it is planned to set it in statute. Here is a link to the consultation document:

      HM Revenue & Customs

      Here is a link to some of the reasons why:

      Dissolution of companies and Extra Statutory Concession (ESC) C16

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