Closing UK limited company - moving to Canada - Contractor UK Bulletin Board

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BR14 replied

29 January 2020, 20:57
no
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Code started a topic Closing UK limited company - moving to Canada

29 January 2020, 20:52
Closing UK limited company - moving to Canada

I was a contractor for a long time until I took up a perm job last summer. (no longer using my limited company) Also, I'm moving to Canada this spring.

Since my limited company is an existing asset at the time of arrival in Canada, I will not be asked to pay Canadian tax on the money I get after liquidation.

Is this correct? Has anyone done this?
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