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Another question I have is about the 2 year period for the full 75% taper relief.
Some of the money in the company when it closes will have been received only recently. Does this mean that I have to work out exactly how much time the different amounts of money have been in the account and then...
Thanks for those threads.
Am I right in thinking that it's better to draw out cash up to the higher rate as dividend then take the remainder as capital?
Thanks for this... I'll have another look in the forum. Already found some stuff but there seems to be a real lack of info on the internet as a whole.
Did you get the 75% taper relief? Is this really as good as it looks? It's not that usual for HMRC to give contractors a break.
Our current accountant isn't very good. I had to tell her about C16. I'm thinking it might be a bit too much trouble to get a new accountant just to close down the company.
I'm happy to give it a go myself if people can point me in the right direction. I'm a solicitor... not tax, but I'm happy...
I'm the secretary for a 2 person IT consultancy company. One of the directors is going permanent. The other director is thinking of waiting until the end of his current contract before dissolving the company and starting up a new one with someone with a similar skills set. The main issue is how...