I am planning on closing my company next year through a MVL process using MVL online (due to the positive reviews on this website). I stopped trading in June 2020 but have a term deposit, which doesn't expire until the 1 January 2021. My year end date is 28th Feb.
I was wondering if its worth while changing my accounting period end date to the 1 Jan 2021 to try and lodge cessation accounts/tax return 2 months early or will this be pointless given I won't receive any distributions until the next tax year?
Generally how long have people been waiting to get both distributions from MVL online? I want to try take advantage of the CGT allowance and ER relief before any potential budget changes next year but worried I have left it too late.
I have a very simple company and will only have cash remaining on the balance sheet.
Thanks
I was wondering if its worth while changing my accounting period end date to the 1 Jan 2021 to try and lodge cessation accounts/tax return 2 months early or will this be pointless given I won't receive any distributions until the next tax year?
Generally how long have people been waiting to get both distributions from MVL online? I want to try take advantage of the CGT allowance and ER relief before any potential budget changes next year but worried I have left it too late.
I have a very simple company and will only have cash remaining on the balance sheet.
Thanks
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