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1 Minute Guide to Disincorporation

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.

About The Author

Cheryl Sacks M Eng Oxon ACA CTA is the director of Finansol Ltd, which makes Finansol Tax Calculators.

Finansol Ltd has supplied tax software to owner managed businesses and companies, accountants and tax advisers, for over ten years.

Readers of this article have purchased the following best selling Calculators, which have greatly assisted them with their tax decisions.

Finansol Tax Calculators are available to you via TaxBookShop. Please follow the links below:

Incorporation Calculator
Would incorporation save you tax?
Advance Incorporation Calculator
Will incorporation continue to save you tax in future years?
Salary v Dividends Calculator
Find your tax effective combination of salary, dividend, and profits retained in your company.

Article Added Saturday, 27 June 2009

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Disincorporation

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