Bringing a solvent company to an end
The goal of every company owner is to develop and run a successful, solvent company. However, there may come a time when the owner wishes to retire, or otherwise move on to pastures new, and so decides to bring the company to an end.
Where a solvent company is not being sold, there are two options that can be considered: members’ voluntary liquidation and voluntary strike off from the Companies House register. Being aware of the tax implications of each is crucial in helping decide which is the best choice for bringing a company to an end.
Where a solvent company is not being sold, there are two options that can be considered: members’ voluntary liquidation and voluntary strike off from the Companies House register. Being aware of the tax implications of each is crucial in helping decide which is the best choice for bringing a company to an end.
