Closing Company after 5 months contracting

[yag]

Dear all,
Can someone please guide me in closing ltd company?

I opened ltd company in Mar 2007 when I got contracting role, after 5 months I moved into permanent role. Meanwhile I register my company with HMRC and now I would like to close it. Am I in fear to get caught in IR35 , do I need to take some precaution before I close my company except finalise account and pay tax to Inland Revenue.

Thanks in advance for your help.

Thanks
Yag

[[email protected]]

There is no risk being caught by IR35 by closing down your company. If you don't intend to contract again, then closing the co is best option, in which case a final set of accounts will be required to be filed with HMRC, the relevant form lodging with CH after 3 months of no trade, and so long as there are no issues from interested parties, i.e HMRC, your company will be 'struck off'.

[DS23]

how come yag has zero posts when yag clearly has at least one?

[TheFaQQer]

how come yag has zero posts when yag clearly has at least one?

'Cos yag is new and unapproved so far.

They only count once they let you in propper.

[max]

Dear all,
Can someone please guide me in closing ltd company?

I opened ltd company in Mar 2007 when I got contracting role, after 5 months I moved into permanent role. Meanwhile I register my company with HMRC and now I would like to close it. Am I in fear to get caught in IR35 , do I need to take some precaution before I close my company except finalise account and pay tax to Inland Revenue.

Thanks in advance for your help.

Thanks
Yag

Yag, They're not going to come after you for 5 months worth!

Not worth their while.

Maybe 5 years would be interesting to them..


PS: feeling guilty are we?

[DS23]

'Cos yag is new and unapproved so far.

They only count once they let you in propper.

coo <puts on fake old lags voice> it weren't like that in my day you know.

how long does it take to become proper like? aside from needing 500 tpd's obviously.

[TheFaQQer]

coo <puts on fake old lags voice> it weren't like that in my day you know.

how long does it take to become proper like? aside from needing 500 tpd's obviously.

You have to provide a number of quality posts before you earn the right to post drivel. There is a scotspine post somewhere about it - started after the libellous posting scandal.

[castoff101]

Posting just to get my count a wee bit higher ...

[Bluebird]

Posting just to get my count a wee bit higher ...

why - have you go an inferiority complex ? or do you need some viagra...

[TheFaQQer]

why - have you go an inferiority complex ? or do you need some viagra...

Hey bluebird - nice avatar switch.

Much better than when it was Giggsy!