Hi,
I'd like to start a company with the purpose of buying watches, holding them and then looking to sell on at a profit.
If I were to start a company, buy watches and then not sell them, what tax would the business be liable for at the point I wind up the business?
Could I keep the company dormant and maintain the "stock"
I'd like to start a company with the purpose of buying watches, holding them and then looking to sell on at a profit.
If I were to start a company, buy watches and then not sell them, what tax would the business be liable for at the point I wind up the business?
Could I keep the company dormant and maintain the "stock"