esc c16

One of my clients emigrated to Australia last year and dissolved his company under Section 1003 of the Companies Act.

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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.

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I have a client with a 30 April year end who is looking to wind up the company.

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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.

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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

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Tax lecturer Paul Soper has launched a campaign against revising extra statutory concession C16 in a way that will discriminate against small business.

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Rather than being repealed, as some accountants were expecting, the extra statutory concession (ESC C16) that allows companies to distribute capital in a struck off business without the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

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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

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The mechanics of extracting capital and winding up a business were thrown into confusion during the past month after the Treasury Solicitor initially put aside the long standing concession under wh

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