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So, if I understand this correctly, the Company pays 18% tax on capital gain and 21% corporation tax on income, and there are no tax-free allowances. Assuming no dividends, when the Company is wound-up the shareholder (me) pays tax on the capital gain that exceeds the tax-free allowance...
I have some money in my Limited Company. If it were my own I would buy shares <removed> or funds of some kind. Can a Company do this ? How provides fund accounts for Companies ? How much do they cost ?
Cheers