Recent content by CLM Controller
-
How do you close down a VAT Registered LTD company
If there is £35 remaining, that balance should normally be treated as a final distribution to the shareholder before dissolution. In small strike-off cases (with total distributions under £25,000), this is typically treated as a capital distribution rather than income, provided the company is...- CLM Controller
- Post #26
- Forum: Accounts & Finance
-
How do you close down a VAT Registered LTD company
If the company genuinely has no activity, no assets, no debts and nothing pending with HMRC or VAT, you don’t need to go through a formal liquidation. In cases like this, the usual and most straightforward route in the UK is a voluntary strike-off using form DS01 with Companies House. Before...- CLM Controller
- Post #23
- Forum: Accounts & Finance