• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "Closed company with bank funds confiscated!"

Collapse

  • tractor
    replied
    ..

    Originally posted by CloudWalker View Post
    It's so much hassle to close a company, I wonder if its better just to empty the account and pay HMRC off when they chase you.
    **If

    Leave a comment:


  • CloudWalker
    replied
    It's so much hassle to close a company, I wonder if its better just to empty the account and pay HMRC off when they chase you.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by TheFaQQer View Post
    That's what she said
    Story of my life that is!

    Leave a comment:


  • TheFaQQer
    replied
    Originally posted by northernladuk View Post
    Ah well.. Another one pump wonder.
    That's what she said

    Leave a comment:


  • northernladuk
    replied
    Ah well.. Another one pump wonder.

    Leave a comment:


  • darrylmg
    replied
    2.5k is less than 2.2k + 1.4k

    Doesn't this mean he's insolvent? Maybe the accountant would stop the closure anyway...

    Leave a comment:


  • northernladuk
    replied
    Question I have is did your accountant know you had applied to close your account?

    Leave a comment:


  • Clare@InTouch
    replied
    You can apply to Companies House for an Administrative Restoration, which I believe will cost you £100. The bank should then un-freeze your funds.

    Then slap your accountant for not warning you, if indeed they didn't, and ask them to deal with closing it again.

    Leave a comment:


  • Jimlad12
    started a topic Closed company with bank funds confiscated!

    Closed company with bank funds confiscated!

    Hi everyone,

    Apologies as the answers to my questions may be elsewhere.

    I applied for closure of my ltd company in February with approximates 2.5k in a business savers account to cover tax/accountant. I finally received a letter today from my accountant and have roughly 2.2k in corporation tax to pay and 1.4k accountant fees. Having read a couple of other threads the money in the bank may be transferred to companies house and having spoken to my bank 5 minutes ago they have started this process, although it is still in one of their holding accounts.

    If I am not able to reclaim this money what is the impact I am facing? As a ltd company I know it cannot affect my personal credit score, but would rather pay what I can to both HMRC and my accountant.

    Any help is much appreciated. Would love to have this stressful ordeal behind me and focus on my new career.

Working...
X