Originally posted by ContractingBrit
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Close of Ltd company
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Originally posted by MrButton View PostA LOT cheaper than Intouch!Comment
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Originally posted by bondboy203 View Post+1 I have been with Intouch close to decade and they still quoted 600+VAT for this.In Scooter we trustComment
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Two things from my personal experience
- That money from if your same accountant, is quite good. It will save lot of hassle of explaining everything from sctratch
- You WILL have need to call them again for few months and query. So check with them if they can be reached for queries afterwards
if both are true, £250 is a stealComment
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Hi friends,
Is it correct that once you close a Ltd company and made use of capitals gains allowance, you can't open another one, without tax/penalty, for 2 years?
Also, can one's spouse who was a shareholder in the closed company, apply for a new ltd company without further tax implications?
ThanksComment
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Originally posted by ContractingBrit View PostHi friends,
Is it correct that once you close a Ltd company and made use of capitals gains allowance, you can't open another one, without tax/penalty, for 2 years?
Also, can one's spouse who was a shareholder in the closed company, apply for a new ltd company without further tax implications?
Thanks
you might want to run that idea past accountants and lawyers. Don’t expect anyone on here to support it.…Maybe we ain’t that young anymoreComment
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Originally posted by WTFH View Postah, so now we get the next part of the story. You’ve had this idea of closing your company, getting your spouse to open a new one with you as a shareholder.
you might want to run that idea past accountants and lawyers. Don’t expect anyone on here to support it.
You make it sound like am guilty of doing something wrong when all I have done is ask a question.
Dont make assumptions when you dont know someone else's situation.Comment
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Originally posted by ContractingBrit View PostWell am sure am not the first one to think about this nor have I asked anyone to support it.
You make it sound like am guilty of doing something wrong when all I have done is ask a question.
Dont make assumptions when you dont know someone else's situation.…Maybe we ain’t that young anymoreComment
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Originally posted by ContractingBrit View PostHi friends,
Is it correct that once you close a Ltd company and made use of capitals gains allowance, you can't open another one, without tax/penalty, for 2 years?
Also, can one's spouse who was a shareholder in the closed company, apply for a new ltd company without further tax implications?
Thanks
Sounds to me like you're trying to engineer something that the TAAR was precisely designed to tackle.Comment
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