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1 Minute Guide to Disincorporation |
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Disincorporation'Disincorporation' is the term used to describe the transfer of a company's trade and assets to its shareholder(s), who carry on the successor business as a sole trader or partnership, and wind up the company. Recent tax rate changes have reduced the fiscal attraction of the small company. This has led some companies to consider disincorporation. In her 1 Minute Guide to Disincorporation, Cheryl Sacks provides a brief guide to the mechanics of disincorporation. To calculate whether running a company will continue to be tax effective for you, Cheryl refers you to finansol.co.uk. Click on the following link to view the 1 Minute Guide to Disincorporation. |
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About The Author Cheryl Sacks M Eng Oxon CTA is the director of Finansol Ltd Tax Software Finansol Ltd provides Tax Calculators and Corporation Tax software to owner managed businesses, companies, and their agents. The company has supplied its Incorporation Calculator and Salary v Dividends Calculator since incorporation first became popular. Advance Incorporation Calculator was developed in 2007, for businesses who want to know exactly how future tax rates will affect their incorporation decisions. Cheryl also writes for Tax Adviser and The Tax Journal. |
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Article Added Saturday, 27 June 2009 |
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