leave contracting?

[Scratch It]

When closing your company, am I right in saying you pay 25% tax on any dividend over the tax free band?

Research 'MVL' which stands for members voluntary liquidation. This normally costs between a k or 2k for an insolvency practitioners time but you get entrepreneurs tax relief at a tax rate if 10% of everything you take out of the company, up to a lifetime maximum of £1M

[heyya99]

Research 'MVL' which stands for members voluntary liquidation. This normally costs between a k or 2k for an insolvency practitioners time but you get entrepreneurs tax relief at a tax rate if 10% of everything you take out of the company, up to a lifetime maximum of £1M

A poster who gave me information without telling me I should go back to permie. This one's a keeper!

[northernladuk]

A poster who gave me information without telling me I should go back to permie. This one's a keeper!

He'll get to know you soon enough. He's only 51 posts in so far.

[Pondlife]

A poster who gave me information without telling me I should go back to permie. This one's a keeper!

The fact that they were telling you how to close your company down was just subtle encouragement.

HTH

[Batcher]

YANTOBAC

WTF???

[sal]

WTF???

probably typo of

You Are Not Cut Out To Be A Contractor

[Batcher]

probably typo of

You Are Not Cut Out To Be A Contractor

[heyya99]

The fact that they were telling you how to close your company down was just subtle encouragement.

HTH