- Original Poster
- #1
Hello everyone,
I need some guidance on how to close my company down. Thanks in advance!
Here's my situation:
1) Non-UK resident.
2) I run Web Design company since January 2013.
3) It hasn't made a sale since last year. It's been way more than 3 months since the last one.
4) I have no employees. I never had so I haven't registered for the PAYE service.
5) No VAT number since I never made more than 120 £ per year. My application also for VAT got denied from HMRC.
6) I use my personal bank account even for business transactions as I couldn't open a business bank account from my country's HSBC.
7) My last accounting period ends on February 2016 and I'm confused with the new tax laws. Should I file my accounts before April 6th or just wait until February 2016?
Since I want to close it down, should I file my accounts right now?
8) I also got a late filling penalty because for some stupid reason when I was registering for the Corporation Tax I created a new accounting period lasting 1 day... from 31 January 2014 to 1 February 2014. Of course I didn't pay attention to that and after a year I received a 100-pound penalty notice.
9) My company has no debts and no unpaid invoices. I only pay 4 £ / month for the registered business address provider.
From what I understood as I was searching online for a solution, I have to file my accounts (even though they end on February 2016) and state that my company is dormant, fill and mail to Companies House the "Striking off application by a company (DS01)", pay 10 £, wait for CH's answer, wait 3 months as my request will be published on my local Gazette and wait for the final notice saying that my company is dissolved.
It sounds too easy though and I'm not an optimist...
Thanks again in advance. I truly appreciate it.
PS: Please excuse me for any grammatical errors. I'm not a native English speaker.
I need some guidance on how to close my company down. Thanks in advance!
Here's my situation:
1) Non-UK resident.
2) I run Web Design company since January 2013.
3) It hasn't made a sale since last year. It's been way more than 3 months since the last one.
4) I have no employees. I never had so I haven't registered for the PAYE service.
5) No VAT number since I never made more than 120 £ per year. My application also for VAT got denied from HMRC.
6) I use my personal bank account even for business transactions as I couldn't open a business bank account from my country's HSBC.
7) My last accounting period ends on February 2016 and I'm confused with the new tax laws. Should I file my accounts before April 6th or just wait until February 2016?
Since I want to close it down, should I file my accounts right now?
8) I also got a late filling penalty because for some stupid reason when I was registering for the Corporation Tax I created a new accounting period lasting 1 day... from 31 January 2014 to 1 February 2014. Of course I didn't pay attention to that and after a year I received a 100-pound penalty notice.
9) My company has no debts and no unpaid invoices. I only pay 4 £ / month for the registered business address provider.
From what I understood as I was searching online for a solution, I have to file my accounts (even though they end on February 2016) and state that my company is dormant, fill and mail to Companies House the "Striking off application by a company (DS01)", pay 10 £, wait for CH's answer, wait 3 months as my request will be published on my local Gazette and wait for the final notice saying that my company is dissolved.
It sounds too easy though and I'm not an optimist...
Thanks again in advance. I truly appreciate it.
PS: Please excuse me for any grammatical errors. I'm not a native English speaker.
