Originally posted by CloudWalker
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Closed company with bank funds confiscated!
Collapse
X
-
It's so much hassle to close a company, I wonder if its better just to empty the account and pay HMRC off when they chase you.Leave a comment:
-
Originally posted by TheFaQQer View PostThat's what she saidLeave a comment:
-
Originally posted by northernladuk View PostAh well.. Another one pump wonder.Leave a comment:
-
2.5k is less than 2.2k + 1.4k
Doesn't this mean he's insolvent? Maybe the accountant would stop the closure anyway...Leave a comment:
-
Question I have is did your accountant know you had applied to close your account?Leave a comment:
-
You can apply to Companies House for an Administrative Restoration, which I believe will cost you £100. The bank should then un-freeze your funds.
Then slap your accountant for not warning you, if indeed they didn't, and ask them to deal with closing it again.Leave a comment:
-
Closed company with bank funds confiscated!
Hi everyone,
Apologies as the answers to my questions may be elsewhere.
I applied for closure of my ltd company in February with approximates 2.5k in a business savers account to cover tax/accountant. I finally received a letter today from my accountant and have roughly 2.2k in corporation tax to pay and 1.4k accountant fees. Having read a couple of other threads the money in the bank may be transferred to companies house and having spoken to my bank 5 minutes ago they have started this process, although it is still in one of their holding accounts.
If I am not able to reclaim this money what is the impact I am facing? As a ltd company I know it cannot affect my personal credit score, but would rather pay what I can to both HMRC and my accountant.
Any help is much appreciated. Would love to have this stressful ordeal behind me and focus on my new career.
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: