Hello,
This is my first post and I hope for guidance/help from you wonderful fellows.
I am looking to close down my sole director private limited company. There is no assets/cash at hand to distribute. The company filed their last accounting year returns and reports to HMRC...
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filing final year cessation CT accounts/returns
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Closing down LTD company - just over £25k in retained profits
I have attempted to do my own research on this but just had a few queries. I have also asked my accountant but their response didn't sound right to me.
I have about £29k left in my LTD company account.
My thought process on what I should do:
1) Pay myself dividends to...
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Costs for closing the company (MVL)
Hi,
I am about to close down my Ltd company via MVL as i have lost my contract and have taken up a permie role.
My accountant (DNS Accountants) is quoting a fee of 2500+VAT for closing down formalities. He will also introduce to an MVL company who will charge separate fees...
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Going Perm - Close Ltd co? what about Company car on HP?
Hi- long time lurker, first time poster.
I have had a Ltd. co for 5 years. Due to the market dying I am moving to a senior perm role with one of the big 4.
I am planning to be perm for at least 3-5 years.
The big 4 firm has requested that I close my company/...
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Accountant fees for closing Limited Co
So I'm a Limited Co providing services to financial insititutions. I have recently given my accountants notice that I would like to close my company. My company ceased trading end of July 2019 when I went permanent employed. My previous tax year ran from April 1, 2018-March 31, 2019, so I still have...
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Extract Capital as Entrepreneur's Relief - Advice
Hi,
I'm shutting down my ltd. company after moving into full term employment. There is around 60k distributable profit in the business, and I'd like to exit this with entrepreneurs relief (@ 10% capital gains, so assume 54k net).
When do I take this 60K out of...
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question about transferring assets before closing company
I'm just about to send in form DS01 [1] to close a company down but before doing so I wanted to know if there was any paperwork which is needed for transferring physical assets like a laptop etc from the company into my personal possesion?
It's only the one computer and it's not worth...
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Newbie posting
Hello all!
I'm brand new to the contracting world and, to be honest, it's been a bit of a misadventure. I fell into it actually as I was really looking for a new full time job, more as that's what I've always done than by design, and I was actually called by a consultant at a recruitment...
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Do I need to close my bank account
Hi guys,
I set up a limited liability company last year working as a contractor but have recently got a permanent job so was looking to close it as I doubt I'll be contracting for the foreseeable.
I set up my standard bank current account to receive invoice payment, and although...
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Dividend withdrawal strategy on closing limited company
Hi
I am thinking of closing my limited company, i have just over £1000 left in the account in addition with my coorporation tax. how do i get the £1000 out before or after i do my final account?
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