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Issuing dividends during period company dissolved which will be restored
Originally posted by Craig at Nixon WilliamsView Post
My advise would be to move on and get it right going forward. I assume that you have an accountant in place to help you keep on top of this stuff in the future..
Craig
You mean your advice
'CUK forum personality of 2011 - Winner - Yes really!!!!
Yes I do have an accountant now who is bringing everything up to date.
Many thanks for your replies.
Originally posted by Craig at Nixon WilliamsView Post
I'm assuming that no meeting was held to declare the dividend during the time that the company was dissolved - therefore you couldn't do this unfortunately.
As NLUK has said, backdating dividends is naughty and in any case you won't have paid the funds out to yourself during the period that the company was dissolved and so it won't be taxable in the period.
My advise would be to move on and get it right going forward. I assume that you have an accountant in place to help you keep on top of this stuff in the future..
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