I was having a limited company with my Brother. I was not having voting right and holding less than 10% share.
I sold my share to my brother and resigned as director in Dec2020.
My brother liquidate the company recently and will claim ER.
If I open new limited company in UK...
18 results in 0.0024 seconds.
-
-
Current Accountant is not responding
Hi All,
I am about to start liquidation and need to submit final returns. and my current accountant is not responding since few days now.
I think I don't have any other option than going to other accountant .
Any issues I can face please ?
Rega... -
Entrepreneurs tax relief after Liquidation even if i am employed
I am in inside IR35 as of now. I have a limited company which I am liquidating now . Couple of questions.
1. Entrepreneurs tax relief is affected if I am on high paying job ? Is this will be same 20 % CGT and 10% Entrepreneurs, tax, relief ?
2. Liquidator will help me to get necessary... -
My Awkward Accountant - MVL Process
I'm having frustrations with my accountant (they are one of those cloud accountants which lack that personal touch), and wondered if anyone else has gone through similar.
I've recently ceased trading and informed my accountant that I'd like to close the company via MVL and get to the... -
Advice on Closing my Ltd Company without incurring excessive Accountancy Fees
In the current situation I have recently taken a permanent job and have enquired with my Accountants, Clearsky, the fees for dissolving the company. There are no debts, no assets, it has not been trading for 6 months, corporation tax is all paid up and just a deferred balance of £65 in VAT remains... -
Take a 45% cut post tax for a perm job to just about pay off the bills or wait?
If anyone is considering a break after finishing a contract recently and is wondering what the market is like, well it's bad. Really bad. Having been on the bench late last year, then started a new gig briefly to then be diagnosed with a serious illness that laid me off work from March to June (yes... -
Edward Carter solutions ceased trading
I understand that Edward Carter Solutions Ltd has ceased trading.
in 20 years working with contract agencies and as a contractor (13 years engaging contractors, 7 years working as a contractor), I think i remember this happening only once before.
Now to wait for the administrators... -
Payment of liquidation MVL invoice
Has anyone went through an MVL before for closing their ltd co.
Did you pay the liquidators invoice from company money after submitting final company accounts and CT, or before (including the liquidation costs)?
Unsure of the typical order to follow before finalising all... -
Old Umbrella Company (Tailored) in Liquidation
Help!
I've received an email from the Director of my old Umbrella Company stating that they have gone into liquidation. To put things frankly it was a dodgy umbrella company which used a salary advance as an additional payment. I left as soon as I realised the error of my ways and I am... -
Closing a Limited Company (Never Traded) Formalities?
So my accountant has gone MIA and I am left to figure this out myself.
I am closing a Limited Company that never traded. It has one Director (me) and one Secretary (My accountant who has gone MIA)
I have filed DS01 online with Companies House but I fear that might not be... -
Company close down (via MVL) and moving into permanent role
Looking to close down ltd company via MVL to take up a permie role. I'll be starting the permanent role pretty much straight after my contract ends and given the timing there'll be at least one invoice outstanding.
1) From what I understand, the MVL process can't begin until all invoices... -
Closing company down & relocating to Spain - options
Hi all,
I will be relocating to Spain before the end of the year due to family reasons and would like to close my company down via MVL and apply for the Entrepreneur's Relief if possible. My UK limited company has been running for more than 2 years.
Timing is critical as... -
Liquidation: Directors Loan in Credit
A couple of years ago a company I was a director of(4 directors in total) was liquidated. A couple of weeks ago I got a letter from a chartered accountancy firm asking me to repay £3800. When I questioned why, they explained to me that my directors loan account had reduced from 12000 to 8200 in the... -
Can I liquidate my company with an MVL without repaying the director's loan?
I am looking to close my company via an MVL but the DLA balance is £62,007. I understand many liquidators require that all debts be repaid before getting involved in case of unexpected liabilities. My company's retained profit is around £65,000, so it would be used to pay off the loan. Given that...Last edited by Guest22; 8 November 2015, 11:20. -
Creditors Voluntary Liquidation
I have started a Ltd company in 2011 and everything going smooth until 2012. In 2013, I took big amount on director loan and paid the whole amount by taking dividends in 2013. I have paid corporation tax and VAT for 2011. But not paid for 2012 due to no funds.
Then I have approached... -
Unpaid Invoices - But Rather Complicated
In 2009 my Agency went into liquidation and I lost some 11 weeks of money (as did several others). The writing was on the wall so I had not submitted invoices for some 6 weeks.
The agency was finally declared dissolved mid 2013 and so in Sep 2013, I sent my unpaid invoices directly to... -
Minimum paperwork to keep company running
Hi
I was contracting a few months back, have stopped now and got the accountants to finish off my year-end accounts just now.
I've got a couple of options now - voluntary liquidation, striking off etc. - but I'm tempted to just keep the company running as I might take up... -
Voluntary Liquidation
Hello everyone,
I've been contracting for 3 years and I am looking to go into voluntary liquidation as I am changing the nature of my contract work, going from consultancy to design and after I go into design, I'll be selling my own products (on a small scale) and selling my services to more...
