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Any accountants on here?
laybackandwin
Posts: 13
Forumite
in Cutting tax
In short my accountants are going to close so Im looking for new ones. They havent been good at communication and even worse now.
Trying to work out how to go forward but cant get an answer from anywhere so trying this hive mind.
I have experienced a lot of turmoil in my business the last 18 months from losing my best three clients who have closed due to not recovering from the covid era to losing my only employee who had to quit after contracting sepsis.
In the past 12 months the ltd company has turned over less than £500 and I have lived on my savings and my partners income.
I have big ideas for next year and getting back on track but that might take 6-12 months to see decent returns. So I'm wondering if I should close the limited company and go sole-trader then restart the ltd company or create a new one when business picks up or carry on as a ltd company.
Im running short of savings now so wonder too if I am able to claim some sort of benefit as my previous accountant said that I would not be entitled to anything even though the director of one of the companies I had as a client was able to claim UC and grants when they had to close for a year.
Thank you in advance to anyone who has any enlightenment
T
Trying to work out how to go forward but cant get an answer from anywhere so trying this hive mind.
I have experienced a lot of turmoil in my business the last 18 months from losing my best three clients who have closed due to not recovering from the covid era to losing my only employee who had to quit after contracting sepsis.
In the past 12 months the ltd company has turned over less than £500 and I have lived on my savings and my partners income.
I have big ideas for next year and getting back on track but that might take 6-12 months to see decent returns. So I'm wondering if I should close the limited company and go sole-trader then restart the ltd company or create a new one when business picks up or carry on as a ltd company.
Im running short of savings now so wonder too if I am able to claim some sort of benefit as my previous accountant said that I would not be entitled to anything even though the director of one of the companies I had as a client was able to claim UC and grants when they had to close for a year.
Thank you in advance to anyone who has any enlightenment
T
0
Comments
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I have replied to your duplicate post here: https://forums.moneysavingexpert.com/discussion/6568959/companies-and-money
The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0
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