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entreprenuers relief
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ER Advice
Hi - am looking for some wisdom, I don't know if anyone here can help I started contracting 5 years ago in the consulting line of work. My accountant led me into paying myself the minimal (salary and dividend) from my limited company to then benefit from Entreprenueurs Relief when I finish...- contractorfish
- Thread
- entreprenuers relief phoenixing tarr
- Replies: 8
- Forum: Accounting / Legal
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Extract Capital as Entrepreneur's Relief - Advice
Hi, I'm shutting down my ltd. company after moving into full term employment. There is around 60k distributable profit in the business, and I'd like to exit this with entrepreneurs relief (@ 10% capital gains, so assume 54k net). When do I take this 60K out of the business, and what do I...- Hisco1954
- Thread
- accountant closing limited company entreprenuers relief
- Replies: 7
- Forum: Accounting / Legal
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Closing down company
Hi, Wondering if someone may be able to help here. I have decided to close down my company and have been advised by my accountant to go down the MVL route with appointment of a liquidator etc. with corresponding costs. I understand that there is a simpler option of doing this via ESC C16 but I...- ntronic
- Thread
- entreprenuers relief esc c16 mvl
- Replies: 23
- Forum: Accounting / Legal
