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  • Tax - Disincorporation relief claim
    Disincorporation relief claimGiven repeated attacks on the tax benefits of running a business through a company, you might decide to disincorporate. disincorporating - tax chargesIf you decide to transfer your company business and assets to an unincorporated structure - a sole trade or partnership - corporation tax will be due on the value of assets transferred if they have increased in value since the company acquired them. This is because you are connected with the company, and the transfer is therefore deemed...
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