Hi I would like to get advise on how to close down a company that has share capital of £200,000. The company has never traded and has bank balances of approx £200,000 due to the issue of share capital.
Please advise the best way the client could withdraw the money (without paying any tax) and steps to close down the company?
Related resources
Replies (14)
Please login or register to join the discussion.
Actually, this is relatively easy - I'd be happy to help you for half what Portia's quoted.
Jesus, there's always somebody that will undercut you!
You have to refer to him as Sausage Roll these days do you not?
You could possibly do it using some sort of trust structure that looks good but doesn't work in spite of a certain contributor sending spurious links to 'prove' it does. I'll charge only £11,000 in used fivers.
You could possibly do it using some sort of trust structure that looks good but doesn't work in spite of a certain contributor sending spurious links to 'prove' it does. I'll charge only £11,000 in used fivers.
Careful about saying things like that. I had a certain contributor once threaten me with legal action for saying something similar.
Like you, I did not name the certain contributor, but they were convinced it was them I was referring to anyway. Never went any further, though whether because they didn't have a legal leg to stand on or simply couldn't identify me I'm sure I couldn't comment.
Looks like the name your price concept re fees, per this recent article, is not needed after all, we all seem prepared to undercut in a race to the bottom.
https://www.accountingweb.co.uk/practice/general-practice/name-your-pric...