What is the treatment for unamortised goodwill on the voluntary striking off of a private company (with 2 director/shareholders) - which will continue in operation as a partnership after dissolutio
A client has an existing dormant limited company and a sole proprietor business with an overdrawn capital account of around £70,000.
Hello If I have a small sole-trader business that I sell to a limited company that my wife sets up & owns for £10,000 - it's true market value (which I believe would avoid the connected party i
Any input with this would be appreciated:
A successful Limited company has two 'core' director/sharholders. A Tax 'Expert', has advised them to close the Limited company, and trade from an LLP.
Can you claim a tax deduction for the write-off of goodwill within an LLP's accounts (members all individuals)?
Do you mention this as a benefit when you talk to potential clients who you believe would benefit from incorporating?
One of my sole director clients has made a big name for himself since starting his company in 2005, designing and licensing trading software to the major players in the energy industry.
Client currently trades through LLP and as businesses is set to grow, this is being transferred to a limited company.
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