Does anyone see any problems with dissolving a trading company under Extra 
Statutory Concession C16  prior to 5 April 2008, which has net assets of 
approx £150,000 of which cash makes up circa £140,000? Will the distribution 
of the assets be treated as a capital distribution and will the transaction 
attract business asset taper relief.

Regards

Nick Peplow


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"Nick Peplow"  wrote in message 
news:pTuej.1091$a61.863@newsfe3-win.ntli.net...
> Does anyone see any problems with dissolving a trading company under Extra 
> Statutory Concession C16  prior to 5 April 2008, which has net assets of 
> approx £150,000 of which cash makes up circa £140,000? Will the 
> distribution of the assets be treated as a capital distribution and will 
> the transaction attract business asset taper relief.

I don't think so. Apply for a clearance and see.

> Regards
>
> Nick Peplow
>
>
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