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Hoping some of the resident accounts on here can help me with some questions relating to company liquidation and the personal tax implications.
Myco entered liquidation in April 2012 – annoyingly just after ESC C16 was withdrawn - but just before the end of the 11/12 personal tax year.
The...
When a company goes into members voluntary liquidation with all debts paid and surplus funds to distribute to shareholders, is it necessary for the directors to relinquish control of said funds to the appointed liquidator? Or can they just make internet banking payments to shareholders...
Like the OP I have been informed of a mandatory time off period being imposed on contractors by client co.
As posters have stated, I see myself as a big boy, happy to have the time off and in fact quite pleased at the demonstration of a lack of MOO.
However... the agency has informed me of...