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closing down a limited company how do you do it and more importantly what are the things you need to watch out for check out this video as we go through all of those details uh peter johnson so if youre what you think hi peter how peter says i own two ten properties in my own name i also own a limited company that owns four which again is a standard thing that were seeing more and more that people see in their own names i wish to close the company down via members voluntary liquidation interesting um i would sell two of the properties transferred to by our ex-specie dividend well well talk about that in a minute and then the insolvency practitioner would keep enough cash in the company to pay the corporation tax um on the capital gain my accountant says council so though says this is a small chance it would be um targeted by the anti-avoidance uh rules bought out in 2016 um as it still will be a letting property uh he said there are rules were not designed to catch me but they um t