Quote Originally Posted by ahspooner View Post
One additional thing to query is would dividends actually be allowed ? My , albeit limited, understanding is that dividends need to be explicitly declared. If there was a liquidation, these wouldn't be be available. Unless missing something
Distributions would be formally declared by the liquidator...it's just that you starting a new company soon after could mean the personal tax impact of those distributions is to treat them as dividends rather than CGT.