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Close Company - Avoid Tax
goinghome_2
Posts: 1 Newbie
in Cutting tax
Hi all
Just wondering what is the process of closing down a company and leaving the country. Im am returning back home to Australia in 3 weeks. I have traded through my Ltd company for 10 months and obviously no longer need it. I have not had anybody administer the accounts for me. I have left 21% of all invoices behind in my company account for tax purposes. What would be the likely outcome if I were to close the company and all related bank accounts and take with me the 21% tax money I have left behind in the company account?
Would the tax man be hunting me down?
Thanks for any advice
Just wondering what is the process of closing down a company and leaving the country. Im am returning back home to Australia in 3 weeks. I have traded through my Ltd company for 10 months and obviously no longer need it. I have not had anybody administer the accounts for me. I have left 21% of all invoices behind in my company account for tax purposes. What would be the likely outcome if I were to close the company and all related bank accounts and take with me the 21% tax money I have left behind in the company account?
Would the tax man be hunting me down?
Thanks for any advice
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Comments
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nice to see some honest people here
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its illegal to not tell the taxman something you dont want him to know .. but perfectly legal to not tell the taxman something you dont mind him knowing
so be honest and upfront pay what you owe
Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
Slimmer of the month February , March ,April
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