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Recent content by bob52
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Informal closure or voluntary liquidation?
Not sure what was missing? My accountant hasn't suggested it can be spread over two years and said my capital gains allowance can only be used in one go.- bob52
- Post #7
- Forum: Business / Contracts
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Informal closure or voluntary liquidation?
Thanks, I'm a higher rate tax payer.- bob52
- Post #5
- Forum: Business / Contracts
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Informal closure or voluntary liquidation?
I have spoken to my accountant who told me it's six of one half a dozen of the other. Looking for second opinions.- bob52
- Post #3
- Forum: Business / Contracts
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Informal closure or voluntary liquidation?
Currently in the process of closing my account and due to the £35k profit it seems that either voluntary liquidation or informal closure would cost about the same in tax/fees. Does anyone have any recommendations on the best route to take based on this amount?- bob52
- Thread
- Replies: 8
- Forum: Business / Contracts
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2 year guidance on contract lengths
Thanks. In this current situation they want to extend my by 2 weeks which will push me 1 day over the 24 month rule. Assume this means for the 2 week period I just can't claim travel expenses?- bob52
- Post #4
- Forum: IR35 Reform
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2 year guidance on contract lengths
When I started contracting I was told by a couple of recruiters that it is unwise to contract for longer than 2 years as that increases the likelihood of an IR35 investigation by HMRC. As my contract is due to hit the 2 year mark in just over a week I was hoping if someone on here knew if that...- bob52
- Thread
- Replies: 16
- Forum: IR35 Reform
