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My limited company has been in existence for nearly 15 years and I have been using it for my freelance work.
I am currently considering taking up a 'permanent' role and hence would not really need the company anymore.
On closing down the company I would make sure that all amounts owed to the Inland Revenue were paid, the final accounts filed and I would then take the rest of the money out as redundancy pay (it would amount to only a few thousand pounds as I tend to pay myself a large salary every month). The only creditor outstanding would be my mobile phone supplier as I am 6 months into an 24 month mobile phone contract.
My question is, what is the best way for me to close the Company down as there is a lot of advice out there, most of it conflicting.
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buggy101
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