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Recent content by ragman
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Closing down a Ltd company
Great. The idea is that I may take dividends (below the tax threshold, i.e. £30k) over time as a small income. This combined with the other director (my wife :D ) taking the same amount may be a good way to run down the funds without the taxman getting his/her hands on my hard earned cash.- ragman
- Post #19
- Forum: Accounting / Legal
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Closing down a Ltd company
Wow. Thanks for all the advice/views. As you can see this was my first post and I am really impressed that everyone would take the time to respond. :yay: I am inclined to take the safe path of taking the money out via salary/dividends over the next few years. Does anyone know if you can...- ragman
- Post #15
- Forum: Accounting / Legal
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Closing down a Ltd company
I have been an independent contractor for some time now and taken very little from the company in either wages or Dividends. As a result I have circa £500k of cash in the company. I was orignally planning to close the company and retire using the 10% CGT option but I understand that has now...- ragman
- Thread
- Replies: 20
- Forum: Accounting / Legal
