This.
There's the theory, then there's the real world. In theory, even after a liquidation is complete and company is dissolved, HMRC (or anyone else) could get the company restored, and appoint another liquidator to come after you if they believed money was owed to them. However, the cost...
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Maslins
Super poster
Last Activity: Today, 13:01
Joined: 25 September 2009
Location: Tunbridge Wells
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If anyone looked into it in any detail, it might raise questions. But there's no good reason anyone (IE HMRC) would look, and even if they did, it'd be a long way from a slam dunk for HMRC.
MVL Online have done just shy of 5,000 liquidations in the last ~14 years, and we've not seen one...
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Slightly late to this thread...but my personal opinion:
- I don't see going from Ltd Co to permie as a big red flag to HMRC. Realistically, that's what they want you to do. IMHO it's more of a concern going the other way (IE being a permie then arguing you've become an independent contractor...
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2 December 2021
- 10:12 - Fred Bloggs clicked Thanks for this node: Closing down LTD, accountant asking for 1k+ by Maslins
1 December 2021
- 14:23 - Peoplesoft bloke clicked Likes for this node: Do you think there's still a compelling reason to use a "Contract" accountancy? by Maslins
- 11:30 - Lance clicked Thanks for this node: Do you think there's still a compelling reason to use a "Contract" accountancy? by Maslins
- 10:46 - ladymuck clicked Thanks for this node: Do you think there's still a compelling reason to use a "Contract" accountancy? by Maslins
- 10:46 - ladymuck clicked Likes for this node: Do you think there's still a compelling reason to use a "Contract" accountancy? by Maslins
15 November 2021
- 11:48 - cojak clicked Likes for this node: MVL Still not complete after nearly 1 year - anyone else? by Maslins
- 11:48 - cojak clicked Thanks for this node: MVL Still not complete after nearly 1 year - anyone else? by Maslins
14 November 2021
- 20:03 - ChimpMaster clicked Thanks for this node: MVL Still not complete after nearly 1 year - anyone else? by Maslins
12 November 2021
- 12:55 - ContractorBanking clicked Likes for this node: In specie distribution - safe or risky? by Maslins
- 12:55 - ContractorBanking clicked Thanks for this node: In specie distribution - safe or risky? by Maslins
11 November 2021
- 11:29 - eek clicked Likes for this node: MVL Still not complete after nearly 1 year - anyone else? by Maslins
29 October 2021
- 09:17 - Fred Bloggs clicked Likes for this node: What happens to business assets when closing company by MVL? by Maslins
26 October 2021
- 13:22 - sira clicked Likes for this node: MVL Still not complete after nearly 1 year - anyone else? by Maslins
24 October 2021
- 09:49 - cojak clicked Thanks for this node: MVL Still not complete after nearly 1 year - anyone else? by Maslins
22 October 2021
- 15:31 - cojak clicked Thanks for this node: Travel costs/fuel by Maslins
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