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Recent content by Rictastic
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Company Wind Up
This is just from a personal tax perspective, so the company still has to pay Corp/VAT etc I think the Entrepreneurs Relief is from a UK personal tax perspective also, so I'd guess if you wound a company up once in NZ and a NZ tax resident this would be oversea income and therefore perhaps...- Rictastic
- Post #12
- Forum: Accounting / Legal
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Company Wind Up
I spoke to a NZ tax accountant and he informed me that NZ had a 4 year tax exemption for returning citizens on overseas income (implemented to entice skilled workers back to NZ) Temporary tax exemption So I'm thinking once I'm back in NZ and qualified as a NZ tax resident, I can just transfer...- Rictastic
- Post #10
- Forum: Accounting / Legal
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Company Wind Up
ok, so it's looking like withdrawing an amount to take this years dividends up to around the £36,000 mark fairly soon and then starting with an MVL upon payment of my last invoice which will be around mid October- Rictastic
- Post #6
- Forum: Accounting / Legal
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Company Wind Up
Hi Yeah I probably would be earning upwards of £50,000 equivalent, although I'm pretty sure NZ/UK have a double taxation treaty, which I think means if my tax on UK dividends/CG etc is paid within the UK then it won't be considered for NZ taxation Also if I had to wait until Mar/Apr to start...- Rictastic
- Post #4
- Forum: Accounting / Legal
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Company Wind Up
Hi Has anyone had experience with winding up a limited company and the most tax efficient method for doing this: My last invoice/payment will come through mid October (2019) and I plan on moving back to NZ mid December, on the last payment I'll have around £90000 in my company bank account (so...- Rictastic
- Thread
- limited company mvl winding-up
- Replies: 12
- Forum: Accounting / Legal
