Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Tax efficient company wind-down

  • 11-04-2014 12:37pm
    #1
    feartheclaw
    Registered Users, Registered Users 2 Posts: 91 ✭✭


    Hi all

    I started a company a few years ago and have decided to shut it down due to other commitments. I was in receipt of a personal tax rebate as part of a 20k investment I made in it under BES scheme and have waited the required 3 years to avoid claw-back. The business traded very little and approx. 10k remains in the company. What's the best way to extract these funds before wind-down?

    Thanks
    ftc
    Tagged:


Comments

  • #2
    terryhobdell
    Registered Users, Registered Users 2 Posts: 169 ✭✭terryhobdell


    Why don't you ask an accountant?


  • #3
    Alan Shore
    Registered Users, Registered Users 2 Posts: 735 ✭✭✭Alan Shore


    Unless you can find someone to buy it you may be looking at a liquidation.

    Seek professional advice.


  • #4
    dbran
    Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭dbran


    Make yourself redundant :)


Advertisement