Fees for end of year accounts

[scooterscot]

Who's liable, me as an individual or the Ltd company?

[Clare@InTouch]

The company is liable for payment, as the invoice should be addressed to the company.

You as a director should have signed the terms of engagement, but on behalf of the company.

You can become liable for company debts if you're negligent or fraudulent, or you agreed to be so.

[scooterscot]

The company is liable for payment, as the invoice should be addressed to the company.

You as a director should have signed the terms of engagement, but on behalf of the company.

You can become liable for company debts if you're negligent or fraudulent, or you agreed to be so.

Thank you for the quick reply.

I have a Ltd in the UK I no longer use. However, whilst I'm the sole director, I'm also resident in Germany. I needed to understand if I should be paying VAT or not.

[doodab]

Who's liable, me as an individual or the Ltd company?

Whose accounts are they?

[scooterscot]

Whose accounts are they?

The UK Ltd.

[doodab]

The UK Ltd.

Then the company should be paying.

[TheCyclingProgrammer]

Thank you for the quick reply.

I have a Ltd in the UK I no longer use. However, whilst I'm the sole director, I'm also resident in Germany. I needed to understand if I should be paying VAT or not.

If your accountant is VAT registered, they will be billing YourCo in the UK so they will be charging VAT. If you're still registered on the standard VAT scheme you can obviously reclaim this.