Own Comapny Redundancy???

[cheekychap]

Hello !!

I'm closing down my limited company to work in a permie role ... I know, I know ... it'll all end in tears. But circumstances dictate and all that.

Could I make myself redundant and take out say £30k tax free? Any help or guidance greatfully received.:hat

[nobody here but us chickens]

No.

you could try but the IR will not find you so much cheeky as tax evading.

There are specific rules about redundancy payments.

[dundeegeorge]

Speak to an accountant

You can pull some money out of a dissolved company, but I don't think redundancy is the most tax-effective way to do it.

[cheekychap]

Re: Speak to an accountant

thanks guys ... it does seem a bit too obvious and simple.