- Original Poster
- #1
Dear All,
Sorry my last thread was confusing so I am starting again!
I am implementing the Spongebob plan tomorrow and looking for some advice please.
Through various issues I cannot afford to keep the company afloat and have no funds to pay what I owe.
I have 2 letters from HMRC Corporation Tax owed is £9446.69 and VAT is £2395.80. Directors Loan on those accounts was £8865. My accounts were last filed on 30th April covering period up to 31/7/2014. I am not due to send accounts again until 30 April 2016, I got this info from Companies House website. I have no funds to pay accountant for anything else and do not have final accounts.
My company's registered office is my accountant's address, I am telling my accountant next week I am implementing the plan. What should I do about the company being registered at my accountants address?
I am sending the letter to HMRC the offices I receive correspondence from, is there anywhere else I should send to?
Please could somebody help with my questions above also as I need to make sure i am doing this right? Will I be chased for the DL? With regards to the business as they are the last accounts filed and I have no accountant to do anything from 1st Aug 2014 what will happen about that?
In addition I have more questions below, please help as I want to make sure I am doing things right.
1/ Should I resign as Company Director?
2/ Should i de-register for VAT?
3/ Should I close my Company bank account (no overdraft)?
4/ I only owe to VAT and HMRC, where do I find addresses to send to?
5/ Should I wait 3 months to send DS01 to Companies House?
6/ My company is registered at my accountant address, I cannot afford to pay them any longer should I tell them?
7/ Is there anything else I should do?
Many thanks in advance for any advice you can give.
Sorry my last thread was confusing so I am starting again!
I am implementing the Spongebob plan tomorrow and looking for some advice please.
Through various issues I cannot afford to keep the company afloat and have no funds to pay what I owe.
I have 2 letters from HMRC Corporation Tax owed is £9446.69 and VAT is £2395.80. Directors Loan on those accounts was £8865. My accounts were last filed on 30th April covering period up to 31/7/2014. I am not due to send accounts again until 30 April 2016, I got this info from Companies House website. I have no funds to pay accountant for anything else and do not have final accounts.
My company's registered office is my accountant's address, I am telling my accountant next week I am implementing the plan. What should I do about the company being registered at my accountants address?
I am sending the letter to HMRC the offices I receive correspondence from, is there anywhere else I should send to?
Please could somebody help with my questions above also as I need to make sure i am doing this right? Will I be chased for the DL? With regards to the business as they are the last accounts filed and I have no accountant to do anything from 1st Aug 2014 what will happen about that?
In addition I have more questions below, please help as I want to make sure I am doing things right.
1/ Should I resign as Company Director?
2/ Should i de-register for VAT?
3/ Should I close my Company bank account (no overdraft)?
4/ I only owe to VAT and HMRC, where do I find addresses to send to?
5/ Should I wait 3 months to send DS01 to Companies House?
6/ My company is registered at my accountant address, I cannot afford to pay them any longer should I tell them?
7/ Is there anything else I should do?
Many thanks in advance for any advice you can give.
