Hi, I am planning to now wind up my ltd company before filing my 2nd year of accounts (which is due by December 2012). I cannot afford my CT tax if I file my accounts and there's no way out of it.

1. I last traded in November, can I still file for strike off of my ltd company?

2. If allowed to file for strike off now, would HMRC chase me for the accounts I havnt filed?

3. If not allowed for strike off but only until 3 months of non-trading have passed, would HMRC object to my strike off after 3 months have passed, as I've not filed my accounts?

Many thanks guys, Ive just become penniless and just want to start fresh and learn from my mistakes.

Hi

I opened a limited company in Dec 2009 purely to do extra locum work as a doctor along with my normal NHS PAYE job. I used an accountant to do this. Snce then I have kept up to date with payments for PAYE and corporation tax. I am up to date up until the tax year April 2011.

Since August 2011 I decided to take a year out of my NHS PAYE job and locum full time for 1 year (till August 2012) therefore being paid via my limited company. I have since then probably made over 60k. Now, I have been paying the PAYE bills that HMRC keep sending me and the filing for corporation tax has not yet been filed by my accountant but I think it will be filed this October. I am not going to be able to afford the corporation tax as I have been using my business account like a savings account and the money I have saved I have transferred to other accounts as I am getting married next year and i will be using that money to pay for my wedding. I am now back in my PAYE NHS job and do the odd locum shifts but not to the extent of what I did last year.

What do I do about my this tax issue? Is there any way of avoiding this tax or pay the minimum?Do I ask my accountant to file the corporation tax stuff? I will not be able to afford it if he does. Is there going to be problem when HMRC see I've been using my business account as a personal account (paying bills, eating out etc.)? To be honest this has not been explained by my accountant and so i carried on the way I am. shall I file for wounding the company up even though it's still active?

My limited company is registered at my home address- is my home at risk along with my car etc?

Just wanted some heads up before I file my Ltd company tax, just been scared with all these situations on the forum.

Any advice would be appreciated

Thanks

Speechless4u

hi! The car is registered in my mothers name, as the same name stated on the PCN but the only difference is it says MR on the PCN not MRS.

thanks mate much appreciated!

Hi! I have 2 queries:

1. My mother recieved a CC PCN today because she went in 1 metre into the zone, braked, and reversed out realising that she went in and continued her journey outside the CC zone. Is this a viable reason to appeal against the PCN?

2. The PCN she received said MR X instead MRS x, can I make an appeal with that stating that they stated my mother as MR and not MRS? Will that cancel my PCN?

Please help thanks!

Hi! I have 2 queries:

1. My mother recieved a CC PCN today because she went in 1 metre into the zone, braked, and reversed out realising that she went in and continued her journey outside the CC zone. Is this a viable reason to appeal against the PCN?

2. The PCN she received said MR X instead MRS x, can I make an appeal with that stating that they stated my mother as MR and not MRS? Will that cancel my PCN?

Please help thanks!