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Where Taxpayers and Advisers Meet

TAAR Headache ! Can anyone help?

pphammer
Posts:1
Joined:Fri Feb 28, 2025 6:46 pm
TAAR Headache ! Can anyone help?

Postby pphammer » Fri Feb 28, 2025 6:55 pm

Trying to get definitive answer on the 2 year rule. Business Asset Disposal Relief. I don't suppose someone here knows for certain when that 2 year rule starts? Is it from the Death of the Company (Dissolution) or is it the Declaration of solvency. Also could it be from the last "distribution of funds" which was about £12 due to some sort of error, so maybe it's taken from the the main "distribution of funds? I've searched hmrc site, phoned them multiple times, phoned Companies house, my old accountant is useless. Maybe someone here knows. Very grateful for any advise on this.

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