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Reply to: What if I keep company dormant?
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Previously on "What if I keep company dormant?"
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It shouldn't be. You can close down the PAYE and VAT schemes, then you'll just need to file non-trading accounts each year with HMRC and Companies House. These should be easy enough to do yourself, or reasonably cheap from an accountant.
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What if I keep company dormant?
What if I keep company dormant?
I was recently made redundant from a perm job. Now I am looking for contract role. However, I might switch to perm job again if I can manage to find something suitable in near future.*
Conventional wisdom says I should go via umbrella company. But i don't know how long I shall be contracting. So if I open own limited company, is it too much hassle to keep it dormant in case I stop contracting for some time?Tags: None
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