Disincorporation relief comes to an end on 31 March 2018 and availability of the relief will not be extended beyond this date. The relief allows a company to transfer certain types of assets to shareholders who continue the business in an unincorporated form without triggering a corporation tax charge on the disposal of the assets. Companies looking to disincorporate and wishing to take advantage of the relief need to do so by 31 March 2018.

Please contact us on 01275 852 255 for personal advice on your own affairs or should you wish to discuss any of the above in more detail.