Closing LTD Company in April 2020, and start new LTD for client determined contracts

[mb31]

No. If QDOS lose the first one and HMRC use the same argument across the board QDOS will use the clause saying they won't defend when there is no real prospect of winning. They've been very smart.

I know the horse has bolted for most people but when I was looking at insurance last month Kingsbridge claimed they have a superior policy because they will cover a legal challenge regardless of the chances of success. Different courts on a different day can make different decisions after hearing different arguments. Let's hope they get a fair opportunity.

[stchez]

Yep, but my plan to close and open seems good right?

I wonder if closing and then opening a company by the same director flags things up for a potential investigation?

[northernladuk]

I wonder if closing and then opening a company by the same director flags things up for a potential investigation?

Depends.

[northernladuk]

I know the horse has bolted for most people but when I was looking at insurance last month Kingsbridge claimed they have a superior policy because they will cover a legal challenge regardless of the chances of success. Different courts on a different day can make different decisions after hearing different arguments. Let's hope they get a fair opportunity.

They might have done back in the day when it was money for old rope. Now they are potentially shouldering the liability of every single contractor not in an outside gig they might be changing their policies... If that is even legal. Very brave to stand by that.