What tax needs to be paid when you close down a limited company

In this episode Shameem talks about what happens when you want to close down your limited company and what tax will need to be paid.

Learn the best way to close down your solvent limited company if you no longer want to trade through it any more. We explain two different methods you can use and how they will effect your final tax payments.

Access the full article which is regularly updated:
 https://www.ridgefieldconsulting.co.uk/tax-guides/what-tax-needs-to-be-paid-when-you-close-down-a-limited-company/

For more content like this, visit the 'Tax Guides' page on our website: https://www.ridgefieldconsulting.co.uk/tax-guides/

Sign up to our email newsletter for the latest tax and accounting articles: https://www.ridgefieldconsulting.co.uk/#newsletter

Chapters

• 1:00 What is an informal strike off?
• 1:22 How to close down a limited company by an informal strike off?
• 2:31 What taxes need to be paid when using an informal strike off to close down a limited company?
• 4:06 What is a members' voluntary liquidation?
• 4:33 How to close down a limited company by a members' voluntary liquidation?
• 6:30 What taxes need to be paid when using a members' voluntary liquidation to close down a limited company?
• 7:06 Get help closing down your limited company