technophile
Registered User
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- 5
Hi all,
I was thinking of winding up my company but the increase of CGT to 33% in the last 3 years is putting me off as I will end up paying a huge amount of tax on top of what I have already paid in paye and other charges. I was told before by another accountant that I could claim redundancy and write some of this off but my own accountant is telling me as I director I flat out cant claim redundancy. i am also an employee in my company. Any info or enlightenment on this situation would be much appreciated.
Thanks,
tp
I was thinking of winding up my company but the increase of CGT to 33% in the last 3 years is putting me off as I will end up paying a huge amount of tax on top of what I have already paid in paye and other charges. I was told before by another accountant that I could claim redundancy and write some of this off but my own accountant is telling me as I director I flat out cant claim redundancy. i am also an employee in my company. Any info or enlightenment on this situation would be much appreciated.
Thanks,
tp