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Frozen Small Business Account - UREGENT HELP PLEASE!
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As an aside, but showing the importance of winding your affairs up completely before dissolving the company, we were due a payment from HMRC for doing on-line end-of-year filing. Unfortunately they still hadn't got round to it by the time the company was dissolved, so when I wrote to them to ask them to make the payment out to me they refused on the grounds that the business no longer existed and I was no longer a director of it.
Fortunately we were due to make a tax payment to them a couple of months later, and after much wrangling, they finally agreed I could offset what they owed me from what I owed them."The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens0 -
Quite right too - a limited company an an individual are two separate entities - one does not necessarily mean the other is due the funds.Hungerdunger wrote: »As an aside, but showing the importance of winding your affairs up completely before dissolving the company, we were due a payment from HMRC for doing on-line end-of-year filing. Unfortunately they still hadn't got round to it by the time the company was dissolved, so when I wrote to them to ask them to make the payment out to me they refused on the grounds that the business no longer existed and I was no longer a director of it.
Fortunately we were due to make a tax payment to them a couple of months later, and after much wrangling, they finally agreed I could offset what they owed me from what I owed them.0 -
Although it does raise the question of who they would have come after if I hadn't made that final payment of tax which was not due to be paid for several months when the company was dissolved. On one hand they are saying they can't pay me (the ex-director) money which was owing to the company when it was still in existence, but I bet they'd have been after me for that tax.jonesMUFCforever wrote: »Quite right too - a limited company an an individual are two separate entities - one does not necessarily mean the other is due the funds."The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens0 -
Well if the company was dissolved then there is no tax to pay surely?0
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