Does anyone have any experience or knowledge of the voluntary liquidation process?
I've been told by my accountant that it is now too late to wind up a company using ESC C16 and to claim entrepreneur's relief on more than 25k of a company's assets. (It comes into effect in March but I've been told by the time the company is wound up it will be... April or May)
So one option is to go for formal liquidation - but it sounds quite scary handing over control of your company to a liquidator not to mention forking out 5-7k for what amounts to bollocks really.
Also, anyone have any idea how long this sort of thing would take?
Thanks in advance
I've been told by my accountant that it is now too late to wind up a company using ESC C16 and to claim entrepreneur's relief on more than 25k of a company's assets. (It comes into effect in March but I've been told by the time the company is wound up it will be... April or May)
So one option is to go for formal liquidation - but it sounds quite scary handing over control of your company to a liquidator not to mention forking out 5-7k for what amounts to bollocks really.
Also, anyone have any idea how long this sort of thing would take?
Thanks in advance
Comment