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It's funny you mention tax dodging - my current contract ends in October and I was considering closing the company via the MVL process, however I was made aware of 'money boxing' and am now hesitant to do this. How can HMRC claim this is avoidance as any money/profits remaining in the company (at each year end) would be subject to corporation tax etc, and therefore any tax due would already have been paid. Hardly avoidance is it? Or am I missing something?
mcvw
Fuck all the tax dodging shite - the trajectory on this stuff has been the government coming after you and it is not going to get better. It's also somewhat grubby.
If you are any good the money will come.
Two tips