Closing a company and carrying on working: test the winding-up anti-avoidance rule first

Closing a company and carrying on working: test the winding-up anti-avoidance rule first

A liquidation payment is not automatically taxed as capital. Owners continuing a similar activity need to examine all four conditions, including the income-tax purpose test. ... (to read the remainder of this article, please log in below.)

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The archive covers several tax years. Check publication dates and current rules before relying on older guidance.

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