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I asked my accountant whether I could apply to HMRC for clearance to set-up another company within 2 years, the response I got to closing it “will restrict you from going back into contracting for 2 years.”
Perhaps I was expecting too much from my them :winker:
Over the last few weeks / months thinking about it all has given me a headache. Some really good responses here though, and now I'm feeling much more informed.
I've been putting a fair bit into my pension and so after corporation tax liabilities etc there will be around £20k left. Children...
I have been contracting for 12 years and am going through an amicable divorce (her choice). Brexit and Off-payroll rules will possibly mean the end to contracting for me and as we were also married for exactly the same time period and my ex was a shareholder, she couldn't have timed it better in...