Hello all,
neither HMRC nor Companies House seem to know the answer to this, so I'm hoping someone here does!
I am a contractor and I have a limited company with a financial y/e of 31/03.
I am considering taking a permanent job, in which case I will have to either close my company, or make it dormant.
Even if I decide to make it dormant, my corp tax bill for the 12/13 accounting year will have to be paid in the 13/14 accounting year.
Will this corp tax payment be defined as an accounting transaction? Therefore will my company then be defined as active in 13/14?
Or is there another way around this?
Thanks
neither HMRC nor Companies House seem to know the answer to this, so I'm hoping someone here does!
I am a contractor and I have a limited company with a financial y/e of 31/03.
I am considering taking a permanent job, in which case I will have to either close my company, or make it dormant.
Even if I decide to make it dormant, my corp tax bill for the 12/13 accounting year will have to be paid in the 13/14 accounting year.
Will this corp tax payment be defined as an accounting transaction? Therefore will my company then be defined as active in 13/14?
Or is there another way around this?
Thanks
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