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Home > News > There's too much month left at the end of their salary!
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05 February 10

There's too much month left at the end of their salary!

Do you or do you have clients / customers or staff  that are having difficulty meeting their mortgage payments?

Nothing left to live on after the mortgage and loan commitments have been paid?

Burdened with credit cards and store card debts?

Threatening letters from debt collectors?

If the answer to any of these questions is “yes” then you or your clients need to speak to someone about their financial options. In particular we find that we are increasingly advising directors of limited companies about the personal financial implications of the new codified responsibilities introduced by Companies Act 2006. 

If you feel that you or any of your clients would benefit from a chat about their financial circumstances, then DoddRESCUE offer a free half hour consultation to offer guidance on the choices available.

If you are interested in talking to us contact Carol Tindal or Jackie Parsons on 0800 9540520.

 
 
30 January 2012

New rules being brought in by HMRC on 1 March 2012 will effectively ban the use of the informal winding up of companies to take advantage of 10% tax rates.

This announcement is largely in response to the growing trend of accountants advising their clients to leave profits in their company and then extract them at a 10% capital gains tax (CGT) rate on an informal winding up of their company.

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