I know this probably has been discussed to death but I am really worried and will have to wait till I speak to accountant in Monday :
I have a decent cash reserve , however this year have only made about 40k in total .. I was looking to close down my company at the end of my current contract and invested 40 k in pension after speaking to my accountant .. he did not ask me how much The company turnover was but knew I was looking to wind down , now after reading all the threads I realise I am in the red as I will have registered a company loss after salary etc. I am very worried I have got it all wrong .. please advise
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I have a decent cash reserve , however this year have only made about 40k in total .. I was looking to close down my company at the end of my current contract and invested 40 k in pension after speaking to my accountant .. he did not ask me how much The company turnover was but knew I was looking to wind down , now after reading all the threads I realise I am in the red as I will have registered a company loss after salary etc. I am very worried I have got it all wrong .. please advise
Sent from my iPhone using Contractor UK Forum
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