Dormant accounts

[sal]

Completely wrong and 'immune'... really?

Close Your Company, Avoid IR35? - Contractor Weekly

huh, from that article:

So if Regulation 72 is rarely invoked and only used in the most extreme cases then regular closure of a company and setting up a new one would appear to be a useful way of ensuring that an IR35 enquiry will never ensue.

And we are not talking about opening and closing companies for each contract.

[iburnell]

Thanks for your replies. My accountant now tells me if I close my Bank Account they will only charge me £100 + VAT to submit a DCA(AA02) form to HMRC
https://www.gov.uk/government/upload...unts_dca_2.pdf

I'm ok to do this given I can reopen the company again as and when required.

However, my question is if I close bank account 31/12/15 then how do I pay outstanding liabilities in January namely VAT return and PAYE - I have said to accountant I will stop invoicing as of 1st November so I had hoped you could submit the returns before y/e - maybe not - its just the timing of closing it down

Thanks

[northernladuk]

Why don't you ask your accountant?