Corporation Tax Problems

silvercar

Pennywise, headinsand13 was talking about companies house:

headinSand13 wrote:

I've submitted everything to Companies House and am now paying £100 a month to pay off THEIR penalties.

I did recently submit the CT600s for these years but had them rejected because I only attached the abbreviated accounts - trouble is I don't know exactly what I DO need to send in the way of accounts. The tax office just say to get an accountant to do them, but I really can't afford it and was hoping to be able to do them myself.

I only have until next week to get the correct returns back and even then I don't think I can hold them off any longer.

Pennywise wrote:

These are the full accounts that companies must send, on demand, to members under S239 Companies Act 1985. They are not the abbreviated accounts that some companies may send to the Registrar under S246 of that Act.

My guess is that the absence of (any) accounts for 4 years has caused the revenue to now demand the accounts, something that may not have happened had the returns been submitted on time.

HeadinSand, see if there is a Business Link in your area, that could offer assistance. Either that or you are going to have to arrange a meeting with the Revenue to establish what information they need, tell them if you have been ill and are now trying to put things in order.

If you can't face doing this then you are going to have to get an accountant to help you. At the end of the day you need to be concentrating on building your business not fighting the taxman. Coping with depression and running a business is not going to be easy, if you use the professionals some of the stress should be taken off your shoulders.

If the reluctance is the cost; they could save you more money in the long run and take the pressure off your current problems. Remember you are the client, they will help you - its not like calling in the baliffs!