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The webinar is designed for accountants working in General Practice who might be advising directors and shareholders on the best options to end an SME. It is suitable for directors and shareholders.


The webinar answers key questions such as


What are the tax consequences of liquidation vs a striking off? Can the company be struck off? Is it income or capital? What about anti-avoidance and is this just for large companies?



  • The 3 options facing the company
  • The liquidation option and how it works for solvent companies
  • How does strike off work and what it isn’t?
  • What are the conditions to strike off a company?
  • The tax treatment for shareholders on liquidation
  • What is the tax treatment for a striking off?
  • The £25000 limit and how it works
  • What are the options if there is more than £25000 to be distributed?
  • The transactions in securities (TiS) rules and why they affect SMEs
  • The TiS conditions explained
  • The TAAR anti-avoidance rules explained
  • Why phoenixing must be considered and what it is
  • The TAAR conditions – A B C and D. Which are most important and must be considered?
  • Using HMRC examples to show how this impacts even the smallest SME
  • The points to watch out for on accounting periods
  • What to do about director’s loan accounts and the impact of s455
  • What to consider for cash-rich companies and BADR
  • The trading company rules
  • Repeated insolvency and non-payment of tax

The tax consequences of liquidating or striking off a solvent company

SKU: W-Insolvency-April-2024
  • The webinar is supplied as a MP4 download

    The self-test quiz as an Excel file

    A copy of the slides as a pdf

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