Can You Fund Your Liquidation with a Director Redundancy Claim? Learn More
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Paul
19th May 2015
0

I am the Managing Director of three separate companies within a subsidiary but one of these companies was dragging the other two down. I needed to work out the most tax-efficient way of closing the struggling company but due to the complex nature of our company structure, our accountant couldn’t provide the advice we needed. Thankfully, UKLiquidators took control of the situation and we were delighted with the outcome. We were able to fund the liquidation through a significant director redundancy payment which both my wife and I received as we were the two managing directors.