UK Contractor Accountant's Recent Activity

  1. UK Contractor Accountant replied to the thread How do i close my business without the need for an insolvency practitioner?.

    it does have assets - £6K debt owed to it by the Director. Whether it is collectable or not is a different question!

    Jan 20, 2020 at 2:03 PM
  2. UK Contractor Accountant replied to the thread Overdrawn Loan Account, HMRC, Insolvency.

    my reading as well but got the feeling that the £350K was linked to the house purchase which would seem a bit strange why you would have...

    Jan 17, 2020 at 2:38 PM
  3. UK Contractor Accountant replied to the thread Overdrawn Loan Account, HMRC, Insolvency.

    undertaking to your wife? not sure that can be taken into account in any bankruptcy/DLA repayment negotiations. You live together in the...

    Jan 17, 2020 at 12:21 PM
  4. UK Contractor Accountant replied to the thread Overdrawn Loan Account, HMRC, Insolvency.

    why would have you mileage claims if the company only operates as a payroll bureau?

    Jan 16, 2020 at 2:28 PM
  5. UK Contractor Accountant replied to the thread Overdrawn Loan Account, HMRC, Insolvency.

    There is also the personal taxation situation to consider - you have had £100K untaxed income which needs disclosing on a tax return in...

    Jan 16, 2020 at 2:25 PM
  6. UK Contractor Accountant replied to the thread Overdrawn Loan Account, HMRC, Insolvency.

    no back dating allowed. You can't rewrite history I assume your previous accounts filed have shown dividends to you up to the allowable...

    Jan 16, 2020 at 12:20 PM