- Original Poster
- #1
Thought this might be useful to point to when asked - will I be personally liable for tax if my company goes bust:
http://www.accountancyage.com/accountancyage/news/2267423/illegal-dividends-prompts-tax
It is hardly surprising that this is happening really.
When corporation tax is due but the money isn't in the company then one conclusion is that illegal dividends have been made.
There may be other conclusions of course and it is best to keep good records to support the facts.
http://www.accountancyage.com/accountancyage/news/2267423/illegal-dividends-prompts-tax
It is hardly surprising that this is happening really.
When corporation tax is due but the money isn't in the company then one conclusion is that illegal dividends have been made.
There may be other conclusions of course and it is best to keep good records to support the facts.
