Hi,
I'm trying to get rid of my company before the new capital gains tax rules come in.
My accountant says I can dissolve the company, but I have to have not traded for three months, otherwise I would have to liquidate the company but this would cost at least £5,000.
What's the difference between liquidating and dissolving?
Also, is it legal to announce the new rules with less than three months to go - presumably to steal an extra £5,000+ pounds from everyone???
I'm trying to get rid of my company before the new capital gains tax rules come in.
My accountant says I can dissolve the company, but I have to have not traded for three months, otherwise I would have to liquidate the company but this would cost at least £5,000.
What's the difference between liquidating and dissolving?
Also, is it legal to announce the new rules with less than three months to go - presumably to steal an extra £5,000+ pounds from everyone???
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