Closing a limited company is often a sad occasion as much blood, sweat and tears probably went into the enterprise and for the conclusion to be have to shut it down, can be heart-breaking to say the least.
Make sure that the aim of closing down your company isn’t just to get rid of the creditor hassle as this can be done in a much better way than closing, as a Company Voluntary Arrangement would allow trade to carry on and the hassle to go away.
That’s because a Company Voluntary Arrangement can clear off a large percentage of your unsecured debts and put the rest into a manageable monthly payment freeing up your cash flow.
One of the important points to remember when closing a limited company, is to get good advice before you start. Talk to TaxGone today, call us on: 01302 815846.
TaxGone - Company Voluntary Arrangement - CVA Specialists
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