Looking at winding up a Ltd Co for a client who only traded for a short period (4 months).
Undistributed reserves of £21k but would not qualify for ESC C16 due to being less than 12 months.
Has large PAYE salary so any dividends would be taxed at 25%.
In these circumstances would an MVL and claim for ER be suitable? I do not have a massive amount of experience of this so would like an opinion.
thank you for your time