A recent lecture indicated that in order for a distribution in advance of winding up a company to be effective for Capital Gains purposes, it had to be done within 3 months of the cessation of trad
One of my clients emigrated to Australia last year and dissolved his company under Section 1003 of the Companies Act.
Hi, am I right in thinking that the DS01 form is all that would be necessary to strike off a very small company with no bank account.
I have a client with a 30 April year end who is looking to wind up the company.
Directors of small businesses who want to wind-up their company and distribute surplus funds to shareholders have just over two weeks to take advantage of a tax break.
Thousands of company owners will lose the facility to extract the profits from struck-off companies without having to pay income tax on distributions after a House of Commons delegated legislation
I first warned back in February that the proposed enactment of
Tax lecturer Paul Soper has launched a campaign against revising extra statutory concession C16 in a way that will discriminate against small business.
Rather than being repealed, as some accountants were expecting, the extra statutory concession (ESC C16) that allows companies to distribute capital in a struck off business without the recipients
My question is simple - will you help defeat this pernicious proposal the second time round? You will remember that previously HMRC suggested that in legislating ESC C16, which allows distributabl