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    #21
    Originally posted by SallyPlanIT View Post

    If you have any money in the bank account, move it. It becomes the property of the Crown if the company is struck off the register.
    Sounds like he spent it anyway

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      #22
      You need to have things in perspective here. All HMRC will do worst case is estimate the tax and send you a huge a bill. But it will be huge.

      See an accountant and get your tax return done, and get it sorted.
      I'm alright Jack

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        #23
        Yawn.

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          #24
          Painfully obvious

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            #25
            Originally posted by SallyPlanIT View Post
            If you have any money in the bank account, move it. It becomes the property of the Crown if the company is struck off the register.
            If it gets struck off, does he have to pay the tax?
            Free advice and opinions - refunds are available if you are not 100% satisfied.

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              #26
              Originally posted by Wanderer View Post
              If it gets struck off, does he have to pay the tax?
              Potentially. They can try and transfer the debt to one or several of the directors, whether they are successful depends upon the circumstances. Give the OPs description of their behaviour I would thought there is a very good chance.

              If he doesn't take the advice he has been given then when it catches up with him (if it does which is likely since HMRC will not be likely to accept the striking off) then they could start muttering things like fraud and disqualifying him as a director and other such inconveniences.

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