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Inactive company, revenue informed. Self assessment?

jago25_98
Posts: 623 Forumite
in Cutting tax
Do I need to do self-assessment.
I didn't think I did because I've informed the revenue that the company I'm director for is inactive.
Just to be sure, is that correct?
I didn't think I did because I've informed the revenue that the company I'm director for is inactive.
Just to be sure, is that correct?
Order of events: Banks lose our money -> get bailed out -> were inflating GBP to cover it -> now taxing us -> next will grab your funds direct -> things get really desperate to balance the books. What should have happened?: banks go bust and we lost our money much quicker
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Comments
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AFAIK, if they've sent you a form, you DO need to fill it in. You can ask them not to send you one in future, but any year you're sent one, you MUST complete it.
If they haven't sent you a form then you only need to fill in a form if you owe them tax.
If in doubt, fill one in?Signature removed for peace of mind0 -
Thanks, they didn't send me a form so I guess I'm ok.Order of events: Banks lose our money -> get bailed out -> were inflating GBP to cover it -> now taxing us -> next will grab your funds direct -> things get really desperate to balance the books. What should have happened?: banks go bust and we lost our money much quicker0
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