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corporation tax cock-up

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    corporation tax cock-up

    i've just completed my end of year company accounts and find I haven't left enough money in the bank to pay my corporation tax bill. what can I do? I have had to go perm at the end of last year because the market dried up, so there's no more money coming in. can I pay back a dividend? I'm waiting to hear from my accountant who is being elusive. I'm very concerned.

    #2
    Redo you accounts, scratch the dividend that you shouldn't have taken, maybe record it as a loan from the company to you, repay it, and pay your corp tax.

    simple.
    Down with racism. Long live miscegenation!

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