Consider a small company (basically personal service style) that will be winding-up informally in the near future.
The company has very little in the way of assets / reserves (less than £20,000, which is substantially cash at bank) and virtually zilch in the way of liabilities. The reserves will, substantially, be distributed before / during the winding-up.
However, the company is also considering making a payment, by way of a thank-you, to the self-employed accountant that has dealt with the company's affairs for the last 25 or so years. Any suggestions as to the best way to arrange such a payment in these circumstances (including in the light of taxation and company accounts)? It is unlikely that the company will have sufficient profits against which and such payment can be offset (for the purposes of minimising tax).
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Gift
Why not ask the self-employed accountant?
Great advice unless they want it to be a surprise :p
Doesn't that new bribery act thing come into things somewhere?