Page 8 - link magazine

New books give Nepal school children

sense of normality

Ask AMS
Ask AMS
Ask AMS

Advice for small businesses

I’ve stopped trading and want to close my
Limited Company - do I need a liquidator?

If your Company has paid off its creditors and has
less than £25,000 cash in the business, you could Glory School pupils with bags of books and pens
save liquidator fees of £3,000 or so by: Swindon based children’s writer, the community around the school,
By applying to Companies House, you can elect for it lecturer and translator Dr Christine although they too were greatly
to be dissolved using form DS01. Tipper, is thanking all who have impacted. Many parents lost their
Paying out the funds as a Final Dividend or Capital, helped put Glory School in Nepal, income to pay school fees which in
back on its feet.
turn makes employing the teachers
whichever is more tax efficient for you. N.B. She’s been supporting and visiting difficult.
Dividends & Salary attract Income Tax, while Capital the school, north of the capital “Education is the way to give
attracts Capital Gains Tax and is only applied to Kathmandu, for almost five years Nepalese children a future and
annual gains (i.e. pay outs) in excess of £11,100. but April’s devastating earthquake Glory School is special because
If funds exceed £25,000 - take advice from your that hit the country put it in a boys and girls are given equal
opportunities to flourish and shine.”
parlous state.
accountant before distributing any part of the “The disruption was enormous,” A collection at the Swindon
amount as Capital. said Christine. “The majority of the Festival of Literature in May and
240 pupils live in brick and mud JustGiving page organised by
houses which were reduced to Christine raised enough money to
Peter Bromiley ACA @AMSAccountancy mounds of rubble. They lost their provide 84 children with text books,
AMS Accountancy Ltd, homes, clothes and food, some lost notebooks and pens.
Swindon SN5 7XF, 01793-818400 family members and friends. To find out more about Glory
www.ams-accountancy.co.uk
“The staff have done an enormous School, email: christine@
amount to support families and christinetipper.com

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8 swindonlink.com n November 2015